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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: Harry Ehrlich who wrote (1143)2/24/1998 11:48:00 PM
From: D.Right  Read Replies (1) of 2173
 
Dear Harry:

How bad does the TA look like? I am sure all the positive momentums are gone.

Actrally, as I said earlier, it has nothing to do with AMLN. If it had not been with JNJ, ergo would have gotten somebody else to cut a deal. They have a product and they want to sell it, as simple as that. It happened that JNJ is most interested in diabetes. If you look at the commitment JNJ made with ergo for 50% right and the commitment JNJ made with AMLN for 50% of their product, you would know how much more JNJ is expecting from AMLN. However, because AMLN is in a slump here, ergo got a bigger market cap than AMLN. As you said before, never a dull market.

D.Right
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