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Biotech / Medical : MRE (medco research)
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To: Xiaoping Zhang who wrote (97)6/24/1998 12:00:00 PM
From: Harold V  Read Replies (2) of 192
 
Thanks for looking into this issue, which I know little about. You might call the company and discuss it with its investment rep. MRE is located in Triangle Park, North Carolina. As you probably know, MRE has about $50 in cash and has a solid pipe line of new drugs. When they break into the market of giving adenoscan for patients getting angioplasty, etc., the company's profits should soar. That, however, is probably a couple of years away. In the meantime, its two marketed drugs are still creating upward earning surprises. Hope this continues. Harold V
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