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Biotech / Medical : GelTex Pharmaceuticals (GELX)

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To: James Silverman who wrote (36)10/27/1997 12:52:00 PM
From: NY0001  Read Replies (1) of 127
 
Thanks for taking the time for the explanation on KOS. I apologize if
you think this discussion is inappropriate for a GELX forum but I think
it is important when dealing with early stage companies to understand
the markets they are in and what the existing and potential competition
is.

The whole area of treating elevated cholestorol levels is attracting
a lot of new technology and new companies so to truly understand
Geltex's valuation I believe you have to understand where they fit in
the existing and FUTURE cholestorol-lowering market. It is also a valuable
discussion if you are trying to own a diversified portfolio in this area.

I appreciate your comments and your broad level of knowledge in this
area.
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