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Biotech / Medical : Texas Biotech (TXB)

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To: Brander who wrote (460)12/28/1997 1:07:00 AM
From: Bill Wexler  Read Replies (1) of 834
 
<<Concerning the above past financing, as I have said before, it is the only thing I have heard negative about this stock.>>

Oh really? What's your take on the fact that Raymond James gets a cut of "research" money? What about the shady dealings with Blech, etc, etc. etc.?

<<There have been several in depth research reports done on TXB, and it is consistently rated a strong buy.>>

Rated a strong buy by analysts who have a direct financial interest in the company (i.e. handling the public offfering, etc.). I'll trust my own research...thanks.

<<Concerning their products, who cares if they were developed in house or not?>>

When the company obfuscates the fact that these are licensed or generic drugs and instead implies that they were developed in-house, then I would question the integrity of management.

<<TXB has been for awhile, and continues to be, one of the top speculative Biotechs.>>

LOL!!!!!!!!!!!! Yeah, and Vegas continues to be one of the top sucker draws. TXB has never produced anything except more worthless stock. The track record speaks for itself. Enough said.

<< If is is approved by the FDA first quarter 1998, like predicted, it will cause the stock to at least double, IMO. >>

Novastan will not be approved by the FDA because the HIT clinical trails were fudged from the outset.
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