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Biotech / Medical : Depotech(depo)
DEPO 7.300+1.7%Aug 14 5:00 PM EST
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To: Cymeed who wrote (279)11/30/1997 9:19:00 AM
From: chirodoc  Read Replies (1) of 887
 
<<<<<<<But I still have the following questions that have not been answered. I'd appreciate if you or anybody else can help me out.

.......i think that a lot of us here see depo as a promosing platform to deliver other medications. as in any biotech company--there are no guarantees that it will survive or thrive.

........however, they are asking for approval to use their lipid sandwich to deliver already approved medications. this plus the fact that they, especially with depocyte, are in the cancer arena, makes approval more likely.

.......if you read what tom has written you will see that he has been honest in saying he will take some $ off the table after the hoped for approval. i personally will not be in this or the long haul. i will not be in any bio for the long haul until i can see who the industry leaders are and when they have stable earnings--till then it is a crapshoot.

.......ask tom about odac versus full fda approval and the insider selling--he is moreknowlegeable than i

........if you want to buy a secure buy and hold stock--i would recommend amgen--so many analysts are bullish on them and they have been beaten up, yet have a good pipeline. you could buy it and hold it at these level and feel realtively comfortable. but nothing here is as secure as checkfree or many of the well known blue chips.

.........this depo is much more risky and you will probably want, like a lot of us, to sell part of your holdings if and when it rises. i am only playing with a small portion of my portfolio because of this risk.
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