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Biotech / Medical : Essential Therapeutics (ETRX) formerly Microcide (MCDE

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To: John O'Neill who wrote (157)9/4/1998 10:43:00 PM
From: jackie  Read Replies (1) of 415
 
John,

I like this company. It is in a very strategic investing theme, dealing with antibiotic resistant bacteria. The general public is only gradually becoming aware of the dangers growing all around us. Doctors have been aware of this problem for some time, but that has not filtered down yet.

In addition, the management knows how to husband its resources. These guys are getting other people to pay for their research. I like that. With the pummeling biotech has taken for sometime, this has to be attractive for the speculative investor.

I think we will see a turn around in the biotech arena as some of the drugs coming onto market begin to make cash flow impacts on the companies owning them. It is show me time for biotech and I think they are getting ready to do just that.

Regards,

Jack Simmons
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