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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: D.Right who wrote (1000)12/9/1997 7:28:00 PM
From: Andrew H  Read Replies (2) of 2173
 
>> One good sign is the price is so pathetic now that even Henry stops coming by and trashing it from time to time. <<

I think even Henry has pity on shareholders at these prices. (:>) I would think the shorts would have better targets than AMLN at these prices, but who knows. I think a lot of people just see dead money for a while and want to put their money to work elsewhere.

However. AMLN in the 5s is awfully cheap. They will most likely get approval for Type1 at least, which will certainly bring the stock to a multiple of its current price. If they were to get approval for type 2 as well, especially given the current trouble with Rezulin, this puppy could really fly.

But it will take time and patience. Good luck to you as well.
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