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Biotech / Medical : Nortran Pharmaceutical -NRT.V

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To: Wisee who wrote (795)5/20/1998 11:09:00 PM
From: SOROS  Read Replies (2) of 1185
 
Dear Wisee,

Did you catch NEOT today? Here you have a company with a drug in Phase I. They release information on 5/11, I believe, about a successful trial in Phase I. Nothing happens. Then they somehow manage to get on CNBC and vrooom!

My point is: we have in Nortran, a company with more varied drugs, further along in one series of drugs, and equal or better in another, backing from LaRoche, cash, quality management, etc, etc, etc. -- all this stock needs is more coverage, which will come. When Nortran has a successful trial using LaRoche money -- I can't wait. I really feel this is not as speculative as NEOT at this point. Smart money will be looking for a home soon IMO.

I remain,

SOROS
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