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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: tonyt who wrote (1237)3/4/1998 3:52:00 PM
From: Rudy Saucillo  Read Replies (3) of 2173
 
<<< I called his 900# yesterday, he said to 'buy', for a 'quick' recovery, and that AMLN should be back above $5 by August. >>>

Yeah, and if you believe that, Murphy's got just the newsletter for you!

It doesn't take much intuition to realize that AMLN won't perform until it releases clearly positive Phase III data for Type I. Data from the Type I Euro trial to be released in 4thQ98 is, for all practical purposes, their last chance for pramlintide. Given the marginal data released last Aug., this is a coin toss.

I don't mean to sound sarcastic; I'm just amazed (not surprised) at Murphy's comments.

Rudy
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