MGI Pharma MOGN New patents, anti cancer Message Board

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

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To: scaram(o)uche who wrote (853)	3/26/1998 8:28:00 PM
From: Biomaven	Read Replies (1) of 1826

Rick: I can just see this chart at the advisory committee meeting: "So let's see if we have this right, Mr Harmon. When the chart's red, that means it's bearish, correct?" "Correct." "That means the stock is going to go down and you should sell, right?" "Yup." "But wouldn't you have actually done better in practice if you had _bought_ when the chart was red?" "Well in _this_ case that may be true, but that's because MOGN was undervalued and, as you've seen, MGI-114 works great." "You're telling us that the people who use this chart weren't properly blinded?" "I guess not." "Well we're obviously going to approve the drug, but your supplementary application for this chart stuff is going to have to go back to Phase I. It _is_ a very pretty chart though." Peter

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