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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)

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To: Jeff Lee who wrote (62)9/11/1996 8:34:00 PM
From: Tara Cobble   of 1154
 
Jeff, I spoke with my broker today about GENE and he is still very optomistic. (I see we closed above 10 today -- yahoo!)

He also said a smaller firm (Fonstock (sp)) (I don't know of them) came out on 9/5 with a buy recommendation (at that time it was around 8.5). Anyway it looks as if it is getting more following by brokerage houses and should continue as they continue to meet milestone dates. My understanding this 3rd milestone was significant in that they have had 3 already (including this one) with Schering Plough and things must be moving very well in this fairly short amount of time. So, it appears that there are several houses out there and funds that are very optomistic for GENE over the 12 months and 24 month time period.

Good Luck -- Go Go GENE ---- Tara
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