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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product
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To: Doug Bean who wrote (1569)12/28/1999 5:02:00 PM
From: vestor  Read Replies (1) of 1837
 
Am kind of surprised that TA does not seek to come out with info given that Solvay is to purchase again by 12/31 for $9. share. In the last two years the best time to have bought DRMD was Nov and Dec and each time in January the stock share price appreciated. Perhaps when the deferred sales of "C" are included in the next qtrly report coupled with a 1.25 "C" approval will propel the stock price. Certainly I see continued market penetration of "C" and APRI and see no reason why that would not continue.

With today being the last possible day for tax loss selling we may have seen the bottom.A profitable qtr. and some insider buying could propel this company back to double digits. There are a lot patents expiring in 2000 and lets hope that DRMD will diligently pursue some of them.
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