OSI Pharmaceuticals (OSIP) - formerly Oncogene Message Board

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Biotech / Medical : OSI Pharmaceuticals (OSIP) - formerly Oncogene

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To: mac who wrote (13)	6/15/1998 2:57:00 AM
From: 777 Captain	Read Replies (1) of 447

mac: I wish I knew why OSIP has done basically nothing for some time now. I'm standing aside, although I did notice what appeared to be institutional buying in OSIP earlier this year. I keep hearing good news, and yet I don't see the stock move - which indicates to me that the market knows something that I don't. Over time I've learned (painfully) that I'm not as smart as the market. In the case of most of the pharmaceuticals that I've previously owned (PRX comes to mind as a recent sale after buying in at about 2.00/share,) the company has to do something significant e.g., reach a milestone before the stock actually moves. In the case of PRX, it was a marketing agreement. I'm still watching the volume/accumulation at OSIP, and will continue to do so. Regards.

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