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Biotech / Medical : Genta, Inc. (GNTA)
GNTA 2.230-0.4%Nov 13 3:59 PM EST

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To: David C who wrote (1266)12/29/1999 10:46:00 AM
From: Larry Dreher  Read Replies (1) of 1870
 
>>What is Murphy saying about Genta these days? I thought you might know since you have been in this one so long. <<

Pardon me for jumping in. I've been in Genta for several years too. I did manage to average down after the reverse split though.

Murphy recommended a sell a couple of issues back on Genta. I don't have my old issues around but I think I remember him having a 5-6 dollar target on the stock.

Murphy's timing stinks. I use him to bring companies to my attention but my general rule of thumb is follow his picks till they bust and then buy in then. Same deal with AMLN, he recommended the stock around 6. It busted and went under 50 cents. It has now recovered to the $7+ range.

I've read the other opinions on Genta here but I can;t help but think this would be a $100 stock if the trials on their lead compound are successful.

Good luck to all of us.

Larry
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