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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 9:06:00 AM
From: dwight martin  Read Replies (1) of 233
 
Schlepper-

What are your thoughts on MAGN and TCLN?

I got out of MAGN years ago with a small profit just before they plunged from ñ18 to ñ 1 after the first MSI-78 trial. Doing some research in MEDLINE (using the National Library of Medicine website) I noticed several abstracts concerning easy-to-make squalamine analogues that made me think MAGN's squalamine program might not be a big hit. Since MSI-78 (CytoLex) looks to be a partial fizzle, I am wondering which program you think is the reason for investing in them.

Re TCLN, what do you think of their prospects for the remainder of 1998? Unlike most of the other cancer stocks, it hasn't dropped off after rising in sympathy with ENMD. I think the recent biotech flurry has caused people to take a look around, and TCLN, if believed, has some verrry interesting programs that might capture some investor attention even at high single digits, IMHO.
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