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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product
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To: Doug Bean who wrote (640)3/10/1998 8:06:00 PM
From: Thure Meyer  Read Replies (1) of 1837
 
Doug,

I don't think we will see a runup until we get a 10-Q and/or some news on the Premarin substitute. The generic pill market is difficult and full of competitors. Duramed, which has hit all their targets lately needs to overcome one last giant hurdle (FDA approval) and then they will take off. Lets wait and see. I don't expect a lot of action until we get some news. I don't have the cash right now, but if I did I would buy some more even at this level.

Thure
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