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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: MulhollandDrive who wrote (1005)12/12/1997 2:37:00 AM
From: D.Right  Read Replies (1) of 2173
 
Hello everyone:

It is painful to watch the falling prices of many of the biotech companies. But, don't lose your sight when things are tough, the market cap of AMLN is now approaching a level that is close to the total cash JNJ HAS PAID for the half right of pramlintide. They could have bought the whole company with that much money now. JNJ should know as well as anybody the potential of pramlintide.

WS does whatever it has to do, however, a chance to buy AMLN at this level in this late stage of its drug development is an opportunity in a life time. A Christmas gift only WS is capable of giving.

Good luck to everyone.

D.Right
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