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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: dwlima who wrote (2845)7/8/1998 9:21:00 PM
From: drdan  Read Replies (2) of 5402
 
This one has little interest now because most people in the investment community don't have the medical background to appreciate products such as these...so they wait for black- and -white test data and they go nuts on the stock if the data is positive....take Entremed for example. The drug angiotensin is a constrictor of blood vessels and has been known for years.Angiostatin prevents blood vessel formation. So, the two drugs together basically strangle tumor blood vessels and without nutrients the tumor shrinks.....it's that simple.But people did not realize how simple yet brilliant the concept was,so there was little interest. When the data came out,everyone saw how brilliant the concept and execution was, and everyone fell over each other to buy the remarkable company's stock...so until investors SEE convincing data, they look, they shrug and they walk away, not knowing what the heck this thing is...
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