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Biotech / Medical : Microcide Pharmaceuticals (MCDE)

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To: IN_GOD_I_TRUST who wrote (127)9/26/1997 12:28:00 AM
From: scaram(o)uche   of 186
 
Steve:

Market cap is decent, not cheap for a company with nothing in clinicals. The fungal program hasn't partnered yet. No news on the cell wall protein. Beta-lactam not launched into phase I. GENE signed a good fungal deal yesterday. Synercid looks strong. Eye of newt, tongue of bat.....

It's just not popular now to bet on the future, unless you're talking microcap. People are moving money around.

The science is sound, even if the early bets don't hit. I like management. Patience is a virtue, I hope.

Rick
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