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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 (624)12/20/1997 2:11:00 PM
From: scott harrison  Read Replies (2) of 887
 
<<the stock will be dead money for a year>> Chirodoc: You don't know this. The stock could either head down to Bico's price (.25) or head up. The company and stock will be watched much more closely in the short term. It dropped 70 percent, and those looking for bargains in the stock market might consider if DEPO convinces them they've got a chance "working with the FDA" for Depocyte, and also if the company anounces positive results for other drugs in the pipeline. I guarantee you the stock price will look very very differently in a year. I can't begin to guess where it'll be, but dead money is a bad expression. Holding 700 shares bought at 15. scott
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