Oscient Pharmaceuticals Corp. (OSCI) Message Board

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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)

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To: Chip McVickar who wrote (657)	3/14/2000 11:35:00 AM
From: wlheatmoon	Read Replies (2) of 1154

nah,,,,i don't think so... these companies are not going to take it face down...and the institutional investors are not going to take this up the rear, either. CRA had a recent secondary that fetched them 215 or 225 a share and there was an oversubscription...think how those fellows are felling today... INCY had a similar secondary that fetched around 220...and was very well received. the government cannot make proprietary information free....they can't even make pharmaceuticals give away drugs...so this fear is unfounded....the bounce is going to be dramatic...however,,,heck if i know where the bottom is...this is way overdone...but these are mo mo stocks,,,so the ride can be a bit hectic... the whole sector has been taken out and shot and for no good reason...CRA is the one most affected if anyone will be affected... i'm going to buy some calls soon... mike

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