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Biotech / Medical : ONXX

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To: Charles Tutt who wrote (630)9/23/2000 2:57:07 PM
From: Tom Hua  Read Replies (2) of 810
 
Charles, I don't know if you followed the biotech industry in the early 90s. There were literally more than 1000 biotech startups, many came public during that time, most claimed to be working on a cure for cancer. A few years later, 9 out of 10 closed doors after money ran out and shareholders were left holding some expensive wallpapers. No cure for cancer of course, just a pipe dream.

In the remote chance that ONXX will be successful with its endeavor, it's no cure for cancer either. The patients will eventually die, only with fewer tumors.

Regards,

Tom
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