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Biotech / Medical : Micrologix biotech

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To: Larry G. who wrote (707)	5/31/2000 11:27:00 PM
From: Sean Janzen	of 792

Larry, I can't imagine MBI's share price will jump when MBI enters phase III. This news has been know for quite some time. Remember the slogan, buy on rumor sell on news. MBI has estimated MBI 226 time to market at about 3 years. I think the greatest impact to share price will occur as this time frame shortens. It seems most shareholders on this board feel MBI 226 could reach the market within 24 months. I suspect the stock will trade at $100-200 as MBI 226 nears market. I'm still rejoicing the great gains we have experienced the last 8 months. Sean

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