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Biotech / Medical : Biotech Holdings

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To: Robin Peterson who wrote ()11/19/1996 12:03:00 AM
From: Robin Peterson   of 224
 
Hi Anybody, I noticed Biocoll Medical announced FDA approval for its' bone sponge while halted. Pre-start market cap of $30m, compared with BIO's $60m yet a long way away from FDA approval. Could BIO be wildly over-priced already? Or do people really know what BIO has. Either way
I've been waiting for Biocoll's announcement so if the stock is a lead ballon at the start of trading tomorrow, I guess it will prove that imminent revenues are everything, and I will be mightily disappointed.
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