CollaGenex (CGPI) FDA PENDING Message Board

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Biotech / Medical : CollaGenex (CGPI) FDA PENDING

CGPI 0.0001000

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Jul 21 5:00 PM EST

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To: BRIAN P. BIRNER who wrote (13)	9/24/1997 10:04:00 PM
From: Tom D	of 142

I would suggest you call Investor Relations. I don't think the mouth rinse will impact the share price. I think that Periostat is the whole game. I am frankly unhappy that the FDA left Collagenex hanging for a year before informing them that there was something wrong with the way the data were formatted. I sold my Collagenex recently. I din't want to do this. I wanted to be a long-term investor. My first lots were bought at 6 1/2 on July 16, 1996 (the nadir of the correction). But I don't want to be left holding the bag if the upcoming meeting with the FDA results in CGPI being required to do additional trials. Its hard to believe that this could be the case, after all were just dealing with tetracycline. There can't be any safety issues. But maybe there is an efficacy concern. Anyway, if the news from this meeting is OK I will buy back in. But Collagenex was supposed to be one of my lowest risk biotech stocks, so I will sit on the sidelines for a few weeks. I hope the FDA isn't going to hurt us. Good luck, Tom D.

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