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Biotech / Medical : Micrologix biotech

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To: Graham Dellaire who wrote (580)	9/23/1999 7:47:00 PM
From: Carter Berezay	Read Replies (1) of 792

Graham, thanks for the information on that new??? antibiotic. I like your comparison summary. It's just a combo-drug that doesn't work too well. If that's all the FDA has to work with I can't wait till MBI makes their splash. Regarding my bottom-feeder comment paying up. Dam, I forgot about that short at 100,000 shares. You're probably right, he/she may be out now. Shorts always have to exit the market at some time. Does tend to drive the price up, doesn't it? Today, we gave up most of yesterday's gains. I hope its a bit of "weak hands giving their shares to strong hands." Interpreted, that means people are selling some MBI shares because they need the money. Some investors will probably need money to cover their margin calls soon by the looks of that awful market today. My thoughts, hang onto your MBI shares because we have a long way to go to get 226 through the next Phases and onto the market. Everything is looking good for MBI. Carter B.

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