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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (6790)10/30/1997 10:07:00 PM
From: David Graham  Read Replies (1) of 79296
 
Doug,
I have one to put on the burner. It's not ready yetbut is getting close to a lot of milestones in the co. developement.
MOGN, It has a thread here on SI and a couple of my very good friends have been in it for a very long time.

They have established income to support R and D. They have a cancer drug which is showing promise so far and they have a drug for sojerns which they market in europe and I expect FDA approval in the near future for US sales. They are already profitableand this approval should greatly increase their eps even without the cancer drug as a carrot.
Maybe run it now and se where a good entry point is? I already have it at a good price and I think it will probable retest old lows if PR doesn't send out great news soon.

Thanks Grammy
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