Martek Biosciences---- future biotech cash cow! Message Board

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Biotech / Medical : Martek Biosciences---- future biotech cash cow!

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To: nelli who wrote (61)	6/11/1997 11:25:00 PM
From: Carson O. Ray, Jr.	of 258

From the intraday charts (I wasn't noticing much 'til late afternoon), it had dropped $1 by noon, then the bottom fell out between 2:10 & 2:30 EST. I, too am thinking of buying more if it's still down. When word starts out that FDA's gonna approve DHA (assuming they do!), you can bet the stock'll do a jump even before earnings come in. I still like what I see in the co. & I'm not about to sell out down here. Check the recent history of SANG when folks over-reacted to a downgrade after they decided to throw rampup costs into '97. (The downgrader set a 12mo. or so price at $19... it's back to $25 after a drop from $30/32 to $13.) Similar thing happened to XOMA, only it was due to a cancellation of work on a drug they didn't have too much invested in, anyway. From $5 to 3.25... recently bouncing between 4.8 & 5.25. Keep hope alive!

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