Magainin Pharm (MAGN) Message Board

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Biotech / Medical : Magainin Pharm (MAGN)

MAGN 8.890

+2.2%

Nov 7 9:30 AM EST

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To: kech who wrote (50)	5/14/1997 3:52:00 PM
From: mike mulhearn	of 233

All I know is I went back to Sept. 96, the time of their last oferring and none of the latest mentioned companies were listed. My broker made a phone call for me and I was told by my broker these were not new shares. He said the Mutual Fund Companies listed were probably just now registering them for sale. He also said it doesn't mean they would sell and even if they did, it doesn't mean it's a bad omen. Someone said for a Biotech there aren't that many shares out anyway. I agree. I jumped back into Magn because of the low price. In my opinion shares at this price are a steal. And this isn't the first time I played its chart. Any news it's back to 9+. They are expecting some news in the next three weeks. Of course these are my opinions only.

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