XILLIX FDA APPROVED Message Board

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Biotech / Medical : XILLIX FDA APPROVED

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To: Garry K. who wrote (277)	6/26/1998 2:18:00 PM
From: Edward W. Richmond	Read Replies (1) of 572

Garry, thanks for your very timely post. I have held Xillix for two and one-half years. My investment has gone nowhere. My attendance at the recent AGM did not instill a lot of confidence in the company, although its products look great. I concluded that the Miravant deal was concluded because Xillix was desperate for cash to continue operations. I was looking to sell my entire position today as a tax-loss strategy. Although, in my opinion, Midland Walwyn's record is far from stellar, the Leavesque recommendation carries considerable weight with me. I have decided to delay any selling for a couple of quarters to see if there are any significant developments, such as the promised doubling of sales by Olympus. Regards, Ed

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