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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: Russian Bear who wrote (158)11/11/1997 2:31:00 AM
From: John Dwyer  Read Replies (2) of 496
 
Hi RB,

Although I agree with you about the use of Gliadel revenues
to fund further neuro research, I was very disappointed with
these sales figures. Furthermore, I have been somewhat concerned
with Dopascan since other companies (such as Boston Life Sciences)
have competing products which I have heard are better that
GLFD's. The immunophilin work is certainly their most exciting work
right now. However, I find it difficult to justify such a large
market cap for neuro products so far back in the pipeline. I also
feel that sales from Gliadel/Dopascan will not support a
significantly higher market cap. Despite some of my previous posts,
I am not a bear on GLFD... I like them alot but just feel that
there are cheaper neuro plays around right now.

Anybody care to comment on the new NAALADase inhibitors that they
are developing? Sounds pretty intriguing... can somebody explain
the difference between this and their PARS inhibs? Actually, I
think they changed the name of PARS to PARP (sythetase to polymerase).

John
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