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Biotech / Medical : Magainin Pharm (MAGN)
MAGN 8.890+2.2%Nov 7 3:59 PM EST

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To: kech who wrote (23)4/23/1997 12:52:00 AM
From: Shlepper   of 233
 
Hi Kevin and Tom,

I'm happy to finally join this intimate group. I've been following Magainin since its inception. I starting buying back in '93, and have been waiting for quite a long time - and am still optimistic.

Mike Zasloff, the brains behind the company was a casual friend some years ago, and I was always impressed with his brilliance and honesty. I believe that MAGN will someday provide the Miracle Drugs and be the powerhouse in the industry - that is, if it survives long enough, and does not get swallowed up by a major.

But we are always in a waiting game. Hopefully their treatment for diabetic ulcers gets approved, and they can apply for MS178 supplementary applications as a safe antibiotic. With a guaranteed income propping them up, they can then work through their other drug applications.

Look forward to future rewards for my patience.

Shep
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