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Biotech / Medical : Somatogen (SMTG)

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To: Ford Investor who wrote (345)12/18/1997 11:46:00 PM
From: Bharat H. Barai  Read Replies (2) of 442
 
Dear Steve,

Somatogen is an orphan stock. The performance is very disheartening. The stokcs are priced on who wants to buy or sell. Clearly it is very disappointing for people like me and others who have followed the science, not market.

This sell off is most probably related to tax selling. Until the company comes up with some positive news, I doubt the stock will perk up. The stocks move on news or earnings. Neither is happening here.
Stock fundamentals are unchanged.

Bharat H. Barai MD
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