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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Mike McFarland who wrote (5610)	9/13/1998 2:10:00 PM
From: scaram(o)uche	Read Replies (1) of 9719

Mike: >> "Help, my stocks have fallen and they cant get up" << I just returned from a quick Biotech Field Trip to Boston. There's perhaps little to move BTRN prior to the phase II results for 507 in GvH or stuff from the open label psoriasis trial. The "Help, my stocks have fallen and they can't get up" line is perhaps quite appropriate. Interesting company. Science..... biology.... up their wazu. If you win with this investment, you win really big. An $8 company without news, IMO. OTOH, part of a high-risk basket or not to venture in their direction. Had a nice dinner with Suzman and Silverman. MIT, Harvard, Mass General.... Boston is hot. Jim and I visited Repligen, BioTransplant and Millennium. All three are proud to answer the most pointed of questions and to have knowledgeable observers in-house. Jim arranged for a great visit to Millennium. We got a detailed, no-holds-barred tour of Molecular Technology and Proteomics, followed by a grinding, open two hours with the CSO, Pharmaceuticals. Two zinc fingers up. Rick

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