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Biotech / Medical : A crash for the markets - a crash for biotechs ?

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To: Spekulatius who wrote (42)12/16/1996 3:31:00 AM
From: noronha   of 74
 
TO: ALL
FROM: NORONHA

Well, I believe there are two biotech stocks you should all investigate: MartekBiosciences Corp. and ArQule Inc. (MATK and ARQL respectively). Hambrecht& Quist loves these two stocks and with good reasons--MATK has a product called Formulaid that is almost like real breast milk that ALL babies should be using. It was written up in Discover magazine and improves visual and mental ability in babies-babies improved by about one line on an eye chart to be exact. The FDA should follow what European countries are doing: get it out on the market. This is the ONLY company that can make the 2 essential fatty acis from microalgae (NOT from fish oil which is detrimental). Look for this stock to move quickly in January as H&Q will pound the table about this stock to all the institutional investors there. Check out their web page to read the details-www.martekbio.com
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