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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 (26)4/25/1997 6:25:00 PM
From: Shlepper   of 233
 
Tom,

I don't think that earnings for magainin will do us any good for a while. The partnerships bring in some money. I just don't know how long it will take for the NDA to be accepted by the FDA. It seems that the data should be fairly straightforward, and the fact that there has been no side affects makes for an expedited approval. In fact, since the cream is topical, it should be applicable for other infections.

We're still in the waiting game, but I still think the stock will be around 20 by the end of the year...

About 5 years ago I started investing in biotechs and I'm doing ok, but am still waiting for the payola...

Shep
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