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Biotech / Medical : Biotech Valuation
CRSP 55.93-0.6%Dec 16 3:59 PM EST

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To: Steve168 who wrote (14915)12/24/2004 10:21:36 AM
From: fred hayes  Read Replies (1) of 52153
 
Praecis: looks undervalued on its face, but I gave up on it. If you think their drug for prostate cancer (abarelix sp?)will sell, then PRCS is a bargain. So far, the docs don't seem to want it. It is a hassle to deal with, sales have been in the toilet, and its difficult to keep tabs on progress. I sold my position and don't follow it anymore. I don't think others on this board follow it either, it has not been discussed for a long time...

fred hayes
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