GelTex Pharmaceuticals (GELX) Message Board

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Biotech / Medical : GelTex Pharmaceuticals (GELX)

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To: James Silverman who wrote (32)	10/24/1997 11:29:00 AM
From: NY0001	Read Replies (2) of 127

I will review your posts. Its possible that I got the wrong impression. It doesn't matter anyway. I am just trying to get information, good or bad, like everyone else. I appreciate your input. Question, why aren't you worried about the nutraceutical threat to pharmaceutical based cholestorol-lowering agents? Rasio Group has a market cap that is 3 x that of Geltex. Clearly, the market thinks it is an important aspect for cholestorol lowering technology. The smaller company I follow, Forbes Medi-Tech, is still at a low market cap but that is probably because it is still listed on the VSE and because they only have a Letter of Intent from the food manufacturer, not a final contract. Once they announce a final contract and list on Nasdaq I think that they will be looked at as a comparable for GELX. What's your rationale for discounting the nutraceutical competition? I would love to hear your answer. It sounds like you have a feel for this area of investment. I am just new to biotech but I like it. That is why I am hedging with multiple investments in an area (cholestorol lowering agents) rather than betting the farm on just one. I hope they all win!!!

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