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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (4101)2/17/1998 10:25:00 AM
From: Rocketman  Read Replies (2) of 9719
 
V1

MOGN's on the move based on the FDA OK, up 10% so far today. Any idea of market size? Are you long on this one, or ready to take a bit of a profit this week and get the cash back in the till for some other use. Dumping this actually gets us into a little buying power. Notice that no "Research" is available on Yahoo, implying no analyst coverage. Now that they've got this additional FDA OK, do you anticipate anyone picking up coverage, which could mean we'd be better off hanging tight. I'm just not that up to speed on this company.

What's your read on Morgan Stanley's downgrade of BGEN? Time for some profit taking here too or is Morgan clueless?

Rman
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