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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Hyrulean King who wrote (422)6/12/1998 5:46:00 PM
From: Mr. Forthright  Read Replies (5) of 5402
 
Let me tell a story Chief. I happen to know the biotech sector quite well having successfully financed several of them over the last few years. You may fool yourself and you may fool small investors but you won't fool me on that one.

Look at the Nortran thread. I started writing on it when the stock was $3.15. Three weeks later it was and is still at around $1.50. Why because hypesters moved it up to an unrealistic value. I won't comment on Sanguine value yet, but once again like in Nortran's case I wonder why there is such a pressing need to promote the hell out of the stock.

People, things don't happen overnight in the biotech field.
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