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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 662.63+0.4%Nov 19 4:00 PM EST

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To: Judy who wrote (15338)3/13/1998 5:20:00 PM
From: Logain Ablar  Read Replies (2) of 68145
 
HI Judy:

On IMNX I remember reading it may be having some problems with selling products and / or obtaining approvals? I hope someone else can help with the FA (Sorry it is such a shitty comment, its all I remember).

I like LGND as a biotech play (but the thread is to biased and not helpful) although its early in that they don't have FDA approval "yet".

They are filing for their first NDA soon (company indicated a while back by the end of this month) but the product doesn't have much of a market (and a lot less then the thread thinks, so maybe a trading vehicle after approval, estreme risk with that comment <g>). The next product targeting diabities (with lilly picking up costs going forward) will be a revenue / profit generator. Indications are for 1999.

Good luck with IMNX
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