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Biotech / Medical : Magainin Pharm (MAGN)
MAGN 8.890+2.2%Nov 7 9:30 AM EST

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To: kech who wrote (77)9/9/1997 6:36:00 PM
From: Shlepper   of 233
 
Tom,

I've been trying to find out what's igniting the stock. Volume has been very strong and on the upside so word must be out somewhere that something good is happening. It may be that they have some results from the squalamine tests or that the NDA is going well. With an NDA, I suspect the stock will be valued at 15 - 20. The other stuff is still long term, unless something is going on that I don't know about.

Good Luck,

Shep
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