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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: William J. Leiby who wrote (430)5/6/1997 10:20:00 AM
From: Damon Pham   of 849
 
Bill,

This in not a stock for the short-term, quick buck player. You need to be in for the long haul. I've been following the company for about a year and have researched it extensively. It is one of my favorites. I've lost some money on it, but I really don't care since I know it will pay off big down the road (2-3 years). I wouldn't be overly concerned about how the stock moves since I do believe it will be in the range of 4-7 until the later half of this year when they start getting the results of the clinical test in and new products are announced. Their pipeline is full so what you've seen is just the start of things to come.

Tony: I have access to Dow Jones News Services which stores news from a massive database of journals and wires services. This is the same source that brokers use for their news. This is where I saw the news on the FDA approval. I sometimes see things that the general public (that doesn't pay for the service) doesn't know about.

Damon
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