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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)

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To: Jeff Lee who wrote (65)9/12/1996 8:10:00 PM
From: Tara Cobble   of 1154
 
Ok everybody more good news that this stock is one to accumulate and watch.
(This information goes strongly with our posts in the last few days as well as recent posts from Jeff and Peter.)

BIG NEWS: Smith Barney picked up coverage of GENE today. This is very big news since they will be tracking the company and will give major visibility on the street. Guess that is what happens when 14+ Mutual funds have invested in GENE and other brokerage houses are tracking this company. This can only be good news since over time it will attract more money and prestige to GENE as a powerful Biotech firm that is making money.

Jeff wrote:

<<"More good news is that they have hired away from Bristol Myers Squibb research department Bernd R. Seizinger MD, Ph.D. He will assume the title Executive Vice President and Chief Scientific Officer. Fancy title..huh. He will oversee the companies human pathogen and genomic programs. This company is moving right along and the outlook looks very bright. Good luck and regards Jeff">>

My comment to this is --- Holy Smokes this is great news. Did you know that GENE has been working very hard on the Human Gene programs and if they get some pharmaceutical alliances in this area then watch out -- I have a sneaky suspicion that we will only here good news on this shortly (can't say if it will be 1 month or 6 months but by the way GENE has been handling the other programs and milestones then it isn't far away).

Peter wrote:

<<"VERY BULLISH. And most importantly, the fundamental picture brightens with the speed of the milestone payments, and the additions to management. I'm buying more today! Peter">>

My comment to Peter is --- this is a very wise decision to gather a few more shares of GENE cause you will be happy in the long run.

BTW I had a bet with a friend of mine back in July when this had dropped with all the other stocks and I said GENE would be over $10 by October. Unfortunately we didn't put any money on the line, except I did buy another favorite that had tanked ARNX and am sitting with a good profit from Margin account (sold recently, probably too soon since things are really looking up for ARNX also, but can't afford to not take a good profit in a short period when dealing with Margin) -- Thank you (get lucky once in awhile)
Tara
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