Depotech(depo) Message Board

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Biotech / Medical : Depotech(depo)

DEPO 7.300

+1.7%

Aug 14 5:00 PM EST

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To: chirodoc who wrote (302)	12/3/1997 8:53:00 AM
From: Cymeed	Read Replies (1) of 887

Yeah, Doc. I hope too that the FDA will be in a reasonable mood if they can't be in a good mood on Dec 18 and after. That's the risk we are taking here. If we know the fact that FDA approval is a sure thing, the stock might be at $30 already. One thing interesting is, Coca-Cola was probably considered as riskier too ten years ago when they faced with a vivid Pepsi corporation and the uncertainties of overseas business. It is only recently that they are considered as consistent and formidable company, although they have to sell some bottling business assests to meet or slightly exceed the last quarter's earning expectation. What I am saying here is, only if those people who had chosen to take that risk 10 years ago and stuck with it for the last ten years even when they took miss steps such as changing the formula can be rewarded. Some luck involved ? Definitely. I may choose to stuck with a company that went down hill.

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