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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (4876)	5/13/1998 6:29:00 PM
From: David Cathcart	Read Replies (3) of 9719

V1, I was thinking of you today while eating lunch at the Tewksbury Inn. We ordered a plate of their infamous onion rings -- they are still on the menu -- and enjoyed them and in the charm of the old bar room. When I arrived back at the office I logged onto a real-time screen and noticed that MOGN was @ 7 3/4. A couple of minutes later I started to turn off the computer and refreshed the screen before logging off. The numbers did not make sense so I refreshed again. Then I did it again. Then I called Minneapolis. With no late breaking news from the company, I just don't know where the late afternoon buyers came from to plunk down $$ to buy 3.5 million shares. After last week's roller coaster experience with ENMD, I can't see investors, sophisticated of otherwise, swarming over a stock without some good reason. Today there were lots of paper profits. It is all still paper though. Tomorrow will be telling. David

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