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Biotech / Medical : Magainin Pharm (MAGN)
MAGN 9.090+6.2%Oct 31 9:30 AM EDT

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To: Shlepper who wrote (214)10/28/1999 9:48:00 PM
From: Mike McFarland  Read Replies (1) of 233
 
I suppose it's been pretty tough on those loyal
shareholders like yourself. I've kept tabs on this
one and lurked on the Yahoo thread--which is one of
the best over there. I feel pretty fortunate to
have hopped in and out a few times and not hurt
myself. Glad to be back in for a small batch of
shares just above a buck.

off topic banter...

However...
On balance I think I've done more harm than good
this past year trading my account and I think I'll
be happy just to sit pat for awhile and watch things
unfold over the next few years. Already weaning myself
off SI--but nice to hear from you too.

I think the new format for me will be reading whatever
comes in the mail from my little microcap biotechs...
posting a few comments here and there, but generally
not watching the market.

That said...
There is a thread for stocks like MAGN--'Biotech for
less than a buck' (approximately). I suggested MAGN
early in the thread but never followed up and it did
not make the cut.
two portfolios (not mine) from that thread.
techstocks.com
Message 11721715

I still do a little trading, but not posting them. Squeezed
a couple grand out of General Magic this past week, and I
want to like that one despite the fact it ain't biotech...
--but the magnet of microcap biotech, the rabbits and the
volatility, is a very strong attractor for me.
Resistance is Futile?

Well Magainin certainly wont be traded by me anytime soon.
I think it is a very good sign that they've saved it from
slipping below a buck. Very dangerous down there I can tell you.
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