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Biotech / Medical : Micrologix biotech

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To: Richard Schwindt who wrote (649)	2/7/2000 4:55:00 PM
From: Graham Dellaire	Read Replies (1) of 792

Tell me about it. I unloaded just before the Fed meeting and now I am regretting it. Remember to take profit. Phase III results are going to be 12 months or so and the end of phase I trials for acne will be 12-18 months. The biotechs are in now and MBI is getting some deserved attention but it will be back in the 3's and 4's at sometime in the next 12 months and I will be lining up to buy some more at those levels. It has repeated the same pattern for 3 years. But kudos on anyone selling into todays strength ... this is a all time high for MBI!!! Cheers, G. P.S. also holding QTL and BVF for some awesome gains this year...

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