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Biotech / Medical : AMYLIN PHARM.

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To: luis a. garcia who wrote (38)1/17/1997 9:34:00 PM
From: Eric Klein   of 52
 
Thanks for the info. I got into AMLN when it dipped (on no news) in July. If their diabetes treatment proves out, which it looks like it will, this could be a goldmine. Diabetics who inject insulin have tremendous problems. If every shot of insulin is mixed with pramlinitude...

Likely it will drop back down somewhat, but I'd be surprised if it falls below 12 unless some big disaster hits. If you're waiting for it to fall to 11 before buying, you may have a long wait.

For what it's worth, Michael Murphy (California Technology Stock Newsletter) has a buy on it, but the way some of his rec's go, that may not be a good reason to buy.
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