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Biotech / Medical : Ionis Pharmaceuticals (IONS)
IONS 71.78-1.0%12:02 PM EST

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To: Adrian Wu who wrote (2166)7/25/1998 2:53:00 PM
From: Peter Singleton   of 4676
 
Adrian,

<< I am looking for a 50 to 100 fold return from this investment
eventually>>

That about sums it up. This company has more potential for that type of return than any other biotech. Period.

Reasons:

- antisense drug discovery promises orders of magnitude increases in the productivity of drug discovery
- ISIP has proven themselves masters of the craftsmanship of pioneering all of the elements of this new technology
- quality of management at all levels
- all major unknowns that could have short-circuited antisense technology appear to be on the way to being solved

This is not a stock to look for short term gains in. It's a stock to accumulate, tuck away and hold as long as the story doesn't change, then give it to your alma mater so they'll name a school after you after you die ... : )

Peter
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