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Biotech / Medical : Oncothyreon

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To: thebeach who wrote (1318)1/28/2000 12:18:00 PM
From: Jibacoa  Read Replies (2) of 2344
 
BIOM is correcting as expected. My average share cost has continued to come down, and I will continue to sell on "spikes" and keep ACCUMULATING it on any dips. The longer term future of BIOM remains GOOD, with an 80 to 90% probability of FDA approval of THERATOPE in one to two years and the further drugs it has on the "pipe-line" (BLP-25, etc)

As for Procyonbiopharma, I am glad that they got the first million of the 3 million private placement and that they are planning on starting human tests later this year. The pay-out of their research,however, seems to me a little bit too distant for me to wait for myself. Maybe I will buy some latter for my grandchildren.

Good luck to all.

Bernard
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