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Biotech / Medical : GelTex Pharmaceuticals (GELX)

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To: Robert L. Ray who wrote (53)6/30/1998 11:19:00 PM
From: Robert L. Ray  Read Replies (1) of 127
 
Hmmm... down yet again today. This just isn't making much sense to me. Apparently some people must feel the the market potential for RenaGel isn't all that great. It's superior to all the other Phosphate binders so IMHO I think it will wind up being the drug of choice for the majority of those who are currently taking phosphate lowering drugs. Does anyone out there either know what price GELX will be charging for RenaGel or at least know what price/s the competing drugs are selling at? I keep thinking GELX has hit bottom and it still going lower. Hopefully the drop today was just end of quarter portfolio dressing be institutions.
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