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Biotech / Medical : ArQule
ARQL 20.000.0%Jan 16 4:00 PM EST

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To: ahhaha who wrote (281)8/5/1998 12:58:00 AM
From: Rio Jangada  Read Replies (1) of 399
 
You raised many excellent points ahhaha!

But, I disagree with you regarding ARQL. The company has a price to book value of an amazingly low 1.82, according to Yahoo!. It has many good partners with a vested interest in validating their technology. It is likely that ARQL has the ability and means to adapt their technology and their business to meet the needs of the pharmaceutical business, which happens to be financially better off now then ever and is much less vulnerable to a stock market collapse than other industries. The recent management mishap presents a great opportunity to buy in!

As for the evils of pharmaceuticals: in most instances you can deny yourself treatment with them. Natural selection may sort this one out!

RJ, by luck I had traded in my ARQL for CRGN 2 weeks ago, but I will soon load up on more.
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