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Biotech / Medical : Essential Therapeutics (ETRX) formerly Microcide (MCDE
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To: Pseudo Biologist who wrote (17)2/26/1998 12:04:00 AM
From: john  Read Replies (1) of 415
 
PB,

Thanks for the great post. I am getting close to buying. What is so interesting about MCDE is its underwriters. Cubist operates the same way, but tanked when one of its partners didn't renew.

Of the stocks resembling MCDE none are price as attractive. That includes ratios for book value, sales, etc. However, if one things goes wrong MCDE could be selling at a discount to book, which doesn't really mean anything with these companies.

I will call Mr. Hogan tomorrow. Thanks for sharing your information.

John
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