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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: Firenze who wrote (1552)12/21/1999 3:05:00 PM
From: Doug Bean   of 1837
 
I agree on the formulary stuff.
A drug does not get on the formulary unless they pay a kickback to the institution. They all do it so I assume that DRMD knows the ropes and is prepared to pay what it costs.
I still have yet to buy back the last 4000 I sold but again today it has dropped so at this time I guess my thinking is that i will wait and buy back when I see it begin to move a decent amount. Still 7 9/16 is tempting and there are a lot of buy orders sitting at that level so this could be close to the bottom.
CRDoug
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