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: chirodoc who wrote (658)	12/22/1997 6:08:00 PM
From: seminole	Read Replies (1) of 887

chirodoc Like you I sit here holding 1000 shares. Normally, with more time and less of a loss I would sell before the end of the year. But I plan to hold at least through Jan 1998. I think a bounce will occur and Depofoam still seems like a good product. Normally, I think the current price of any stock is a first good approximation of its value but since the current volume is so large when compared to normal volume I believe a $1-2/sh bounce will occur when the selling by the institutions drys up after the first of the year. How is being guided in the approval process by the FDA different than being guided by the IRS for your taxes? Here is an idea. How about including a few cures when you appear with a cancer drug for approval. richard

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