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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Prospector who wrote (3848)9/2/1998 6:08:00 PM
From: Mongo2116  Read Replies (3) of 5402
 
Prospector +ALL...It is understandable that SGNC has to go thru certain steps to get where they are hoping to go, and that biotech is a waiting(on results) game. Are there examples of biotechs who traded OTC under a buck that eventually made it to their goal, and what did it do to the stock price? It appears to me that biotech will be in stronger and stronger favor as time goes on, due to a speedier approval time and demand for products that these companies are attempting to bring to market. A 2001 time goal to bring to market is reachable these days if tests go OK. If they get past testing the critters, this will be looked at as a contender for the substitute market, instead of a hoping to run. GIDDYUP!
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