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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: Vector1 who wrote (828)3/24/1998 11:20:00 AM
From: David Cathcart  Read Replies (1) of 1826
 
V1,

You've had more experience in these situations than me. My guess is that there is something of real substance behind this extraordinary activity. IMO, it is something bigger than an expected event like moving into phase II with MGI 114. It "feels" like some sort of a partnering announcement. Whatever the case, the ride feels good. I added 20% to my position yesterday at the open.

Looks like you were right to stick to your guns and hold this one long in the portfolio.

David
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