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Microcap & Penny Stocks : YOUR FAVORITE INTERNET PICK..... AND WHY ?????

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To: SOROS who wrote (1)12/17/1998 12:02:00 AM
From: Stock Watcher  Read Replies (1) of 962
 
S - for $1.15 a share - why not ? Looks like a legit start-up biotech in Phase II trials with some "name" affiliations.

How much cash do they have left from IPO ? Any revenue this year ?

How long do they have before they'll need more cash ?

Announcement looks good; but, they still have a long way to go. Phase III trials are expensive and time-consuming - can they survive until then ?

For $1.15 a share - you have my vote for an interesting high-risk situation.
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