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Biotech / Medical : Somatogen / SMTG

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To: shalex who wrote (10)9/4/1996 6:19:00 PM
From: Richard gan   of 16
 
They are big bog financially and providing cash to Somatogen and feel they have a viable product on their hands($30 million + invested in Somatogen already) and they have big time experience making and marketing synthetic recombinant DNA proteins(insulin and growth hormone peptides). Plus they have the manufacturing facility to make large enough quantities to sell.Not a bad bet to make at $10/share price which we'll likely see again during the next big biotech correction, may even get to single digit prices over time during the short run..
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