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: David R. Colby who wrote (586)	12/19/1997 8:52:00 AM
From: Cymeed	Read Replies (1) of 887

Talking about lessons learned, I questioned the promise of DepoCyt myself when I saw heavy inside selling (Post #279), but I got myself past this critical doubt somehow and bought into this mess, based on second or even third hand information about the effects of the drug. People on this thread and probably the company too has treated FDA like a rubber stamp, thought FDA approval is something like getting a candy from your mom. Wrong, folks, we all got burnt because we never really evaluated the risk with our investment decision , we never even honestly, cautiously ask ouselves the question: what the consequence will be if FDA rejects. We tried not to think about that, which was deadly wrong. Lastly, "biotech" is a bunch of crabs in terms of investment "opportunity."

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