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Biotech / Medical : Microcide Pharmaceuticals (MCDE)

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To: James Silverman who wrote (78)6/2/1997 6:06:00 PM
From: Czechsinthemail   of 186
 
I agree on the assessment of CBST and MCDE. MCDE appears to be the more undervalued of the two, and I hope management isn't too proud to spotlight their company and toot their horn a bit. Besides being the way virtually everyone in and around the company makes money, having a strong stock price performance is a big advantage in securing employees and raising capital.

Regarding their antifungal work, how much synergy, if any, are they likely to have between their antibiotic and antifungal research programs? I don't immediately see much, which raises the question of focused vs. broad research programs. Are they likely to be spreading themselves thin by pursuing both areas and/or likely to be overextended financially down the road as they face expanding funding requirements for both areas of R&D? Do they have the same compelling need in terms of drug-resistant fungi that is presented by drug-resistant bacteria? Does anyone know how big their antifungal effort is at this point or is it largely something for the future?

Baird
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