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Biotech / Medical : Biotech for less than a buck.
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To: RWReeves who wrote (282)12/24/1999 8:35:00 AM
From: Mike McFarland  Read Replies (1) of 743
 
Of the stocks I follow, only about a quarter
of the names in that list--the position in
CNSI seems rather small...I myself am spread
out between ~ten stocks, ten grand a piece on
average, including cnsi (--except for a double+
position on aria).

I would want to ask somebody who is very familiar
with cnsi, that if the stroke program is finally
done with--then what is the prospect for the company
bases solely on GGF2--I did see Neuro's post, that was
a positive for me, but others may not see cnsi as a buy
with just the GGF2/bayer program. I could imagine they
advance that program, and then bayer takes them out for
just a few bucks a share--and that may not be enough
of a reward to justify being in cnsi for the next couple
years.

My own take on this, is that cnsi is the perfect
stock to garner news and take off in flight on
any interesting headlines generated from ggf2-
a query at recap shows exciting possibilities for
that, and although it is extremely early, a stock
is really never too early for some profitable hype
if the indications are the ones that make headlines.
That is the sort of action that wont make a fund
manager any money, but we daytraders can do 10k shares
on news related pops that only last a couple days.

That is sort of the same reason for why I bought Cortex
--a potential newsmaker stock that will also pay okay
if they simply get an ampakine parter (maybe 3x). That
one happens to be my smallest position...but only because
I bought it after only an hour of "DD". I need to do
a hundred hours of DD before I get obsessed with a critter
like Ariad <g>

Of the stocks on your list which you know that i do not
follow at all, which do you happen to like the most
at the moment RWR? I need to be looking beyond the symbols
that I am familiar with.
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