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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: macker who wrote (1384)6/19/1998 11:08:00 AM
From: drdan  Read Replies (1) of 5402
 
Exactly right, Macker.....Andrew, you have no idea how many hundreds of MILLIONs of dollar large pharma firms spend on R&D that goes absolutely nowhere.....Baxter, for example, just blew $110 MILLION on a factory they may NEVER USE.....this product has a much better risk-reward ratio than many products out there and in the past....and large brokerage firms will dive in once a large pharma company "gives its blessing" by funding product research there are numerous examples of this in the recent past....
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