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Biotech / Medical : MedImmune

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To: James Mortensen who wrote (34)	4/25/1997 8:23:00 AM
From: Shlepper	of 416

I guess that the market in biotechs is flat. The fact that MEDIMMUNE has great propects and products, but will take some time before a profit is realized is not as exciting a stock as it would have been, say 1 year ago. I'm located near MEDI and so all the local reports, and Washington Post news on MEDI reaches us. I bought some a long time ago and bought more when it was 17 thinking that there'd be a runup with approval. That hasn't happened, but the company still looks like a great long term prospect. I'd feel guilty if I sold out now only to see the stock fly in a couple of years. Patience, patience (except I need to pay daughter's college tuition)! Shep

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