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Biotech / Medical : MDCO: Medicines Company
MDCO 84.900.0%Jan 6 4:00 PM EST
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To: Sergio H who wrote (79)5/11/2003 8:44:38 AM
From: Mike  Read Replies (1) of 125
 
Godot,

Thanks for the information. I did see that the EPS projections for 2004 have been revised down to $0.46. I am going to have to see why the model has brought the earnings to that level. In addition, I am going to have to look at the sales projections data.

Thanks for contributing to the board. I have been "touting" MDCO on the Yehaaaw board. I am just completely convinced that this stock is a winner. I have a huge position in the stock currently. I plan on holding this position thru 2004.

In addition,just so the board knows I am continuing to buy MDCO stock. I picked up 2000 shares at $19.50 then the stock dropped to the $16.90 level. I picked up another 1000 at $20.88 and another 1000 at $20.50. I bring this up not to thump my chest but to try to let people know this is a stock to look at and evaluate. There is also still time to get on board. This stock has not "run away" yet. There are not many biotechs that end up with a product that may do $500 million in sales in one product.

My plan if things continue to pan out for MDCO is to add an additional 6000 shares to obtain a "full position" in the stock.

Remember,and Godot I know you know this,any one product biotech company is huge risk. You can lose and and all of your investment dollars. I have been investing for over 20 years and have not seen many MDCO's pass by. So I am "loading the truck".

I dont think that touting the stock on these boards could ever effect the stock. Just trying to get a good discussion going. Would love to hear from any of the shorts also.

Happy Mothers day to all,
Mike
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