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Gold/Mining/Energy : Nuvo Research Inc

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To: Tom Johnson who wrote (13547)	7/14/2004 7:57:24 PM
From: DaveAu	Read Replies (1) of 14101

Well it looks like WF10 is dead. Russet was right! What's the lesson ? No matter how good the phase 2 results are on small trials, they should be ignored. Wait for phase 3. Or better yet, invest in another industry. DMX isn't unique. Too few biotechs succeed. I only hold ONC and ISA now and I'm not much interested in looking at new biotechs. Seems to be a lot easier to make money in Oils and in Finance. Dave

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