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Biotech / Medical : EntreMed (ENMD)

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To: Mr. Miller who wrote (1386)	11/12/1998 8:32:00 PM
From: Orwell	Read Replies (1) of 2135

ENMD response offered nothing, I would have thought that they would come out with both guns blazing. Reminded me of the Bre-X saga where the Bre-X gold explorers said that other geologists couldn't reproduce the same test results because they weren't familiar with the special nature of the soil and geologic-formations of that part of Indonesia. Baloney! I still like the theories behind ENMD's science though, and will be closely following it as an investment candidate, but I don't invest in any biotechs until they are in Phase III, just like not buying junior gold explorers until a senior company has verified the results and feasability studies. O.

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