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Biotech / Medical : ONXX

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To: Charles Tutt who wrote (618)9/22/2000 4:50:32 PM
From: Tom Hua  Read Replies (1) of 810
 
On the contrary Charles, this has been a good trading stock for me. Luckily ONXX is a biotech stock, so WS will overlook its red ink when they report. They had a chance to pump this stock when the company presented at the WS conference last week, but they came out empty, nothing new. The only thing in the pipeline that can make or break the stock is the Phase-III results which won't be available for another 2-3 years. So, it's a big vacuum for a couple of years. Oh, of course in a month or two there'll be 3 million new shares flooding the market.

Regards,

Tom
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