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Biotech / Medical : Regeneron Pharmaceuticals
REGN 737.00+4.8%3:59 PM EST

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To: Larry Liebman who wrote (199)1/26/1998 1:29:00 PM
From: scaram(o)uche  Read Replies (2) of 3559
 
Larry:

I feel that you buy a lot of science and leverage (big funding tied to projects where significant rights are retained) for $8. IMO, REGN belongs in a basket of biotechs where business plans are in play, backed by innovation and pointing toward good markets.

Compelling reason "not" to have a position at these prices? No, not in my opinion. I haven't done much trading lately, but I added to my REGN position this morning.

Potential (not compelling at this point) negative...... at $7 7/8 asked, it's certain that the angiopoietins aren't making anyone's radar and that obesity is not flying. Competitive work with bFGF, VEGF-1 and VEGF-2 is advanced with respect to ang1.

MZ.... other than angiogenesis, which programs excite you most? MuSK certainly is quiet.

Rick
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