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Biotech / Medical : Magainin Pharm (MAGN)

MAGN 8.625

-2.1%

9:43 AM EST

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To: Shlepper who wrote (142)	5/8/1998 8:58:00 AM
From: Mike McFarland	Read Replies (1) of 233

(Mike is pretty chatty early this morning...) Will be looking forward to hearing anything about asthma...wheeze wheeze. Current meds are okay for a fellow like me with only moderate asthma, but people with worse condition than I must be discouraged by the time it is taking researchers to come up with better meds. I've spent some time on usenet asthma threads, nothing too interesting there these days. As far as your point about diversifing into biotechs, I prefer not to be to diversified, so far it has served me well. I am waaaay overweight biotech now, no guts no glory right? Of course if the market cracks and we go to dow8000 (would not surprise me at all) I'll be in bad shape for a little while, but seems to me at this stage in the game, why own GE, MSFT and DELL, I think biotech is going to get it's day in the sun now these next couple years. Certainly for my generation (x) there are going to be plenty of biotech miracles over the next twenty years as this science emerges...I think just like computers had done 1975-1995. Hope so. Trick for me is to hold some ideas, I'm a bit addicted to trading for now...thank God I don't trade with my savings. regards, Mike

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