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Biotech / Medical : Magainin Pharm (MAGN)
MAGN 8.625-2.1%9:43 AM EST

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To: Gregory J Bailey who wrote (150)6/21/1998 1:26:00 AM
From: Shlepper  Read Replies (1) of 233
 
Gregory,

On Thursday there was a 500,000 trade (I believe a buy at 5 1/4...Otherwise, volume has been low. Should pick up soon with NDA application about ready. Prospects look very good for Cytolex - but won't see revenue directly from product for 1 year - hence the price is down. Price of shares should easily double or triple over the year with the acceptance of Cytolex.

Good Luck,

Shep
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