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Biotech / Medical : ONXX

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To: Charles Tutt who wrote (630)9/23/2000 3:28:44 PM
From: lifeisgood  Read Replies (1) of 810
 
Come back when a product is imminent and see what a share will cost you.

Nobody is forcing you to buy now.


When a product is imminent, I just may be a buyer. In the mean time, I think I'll follow the lead of people who should know what they're doing and sell the stock.

My argument is that a fundamental case cannot be made for ONXX. For example, what fundamental basis is there for the stock to be valued at $20? Why not $2000 or $20000. After all, if ONXX somehow rids mankind of cancer, every share would be worth 20K. At some point, one has to look at the possible worth of the company based on products or prospects.

In this regard, either insiders are mindless fools who are selling their fortunes away or longs are unrealistically optimistic. I'm putting my money on the insiders.

best...

LIG
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