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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Jim B who wrote (4090)9/20/1998 12:36:00 PM
From: dwlima  Read Replies (1) of 5402
 
$3 to $4 seems outrageous. what about this stock hitting $1 due to buying from some fruitcakes named rocketeers.i know you are trying to manage expectations, but i really do think that you underestimate what could very well happen.

You mentioned that the viewers of CNN will most likely need time to research the company. I agree and disagree. Some will and some will not- It depends on the types of viewers. Research analysts and large corporations if interested will do very thorough DD..but what about personal investors. How much DD do you think the average investor does?

The fact is that if Dr. Drees can spell out the 4 letters SGNC, $3 to $4 is more reasonable than 50-cents (IMO). We have to be realistic, I know. But, more people watch TV than play with SI on the net. And i have seen some huge price increases based on hype and enthusiasm on the net.all we need is some encouraging comments and the ticker symbol and then we can watch the MMs manipulate the shit out of this stock as they bring it up to $3-$4 and then down to $1-$2 with their games.

Of course, for all of those that are waiting for a buyout- this simply does not matter.
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