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Biotech / Medical : Genzyme Tissue Repair (GZTR)

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To: Linda Kaplan who wrote (2436)1/7/1999 9:14:00 PM
From: Machaon  Read Replies (1) of 2553
 
<< Yipes, you're buying GENZL soon? Well, it can't get much worse >>

Hello Linda. Hope you had a great time during the holidays!

Just checked this thread and saw that it was hopping. I was hoping
that someone had some good news.

I increased my holdings during this GENZL debacle. The way I figure, when you buy GENZL you are buying a piece of GENZ, which is doing very, very well.

GENZL is trying to build an arthopedic business. I think that they will be successful, but it will take longer than originally planned.

We are getting a lot of bang for our $2 bucks:

- Carticel for Cartilage repairs. (FDA Approved product.)
- Epicel for skin repair. (FDA Approved product)
- NeuroCell, which shows promise for PD and HD.
- TGF B2 for skin ulcers.
- PhotoBioMed's proprietary photoactive tissue welding technology for all orthopedic purposes.
- Funding from GENZ.

GENZL seems like they are really making an effort to get their burn rate under control.

Let's hope we see a 15-20% sequential Carticel growth rate this quarter. That would do a lot for the stock, IMHO.

OTOH, owning GENZL has been a little like being a passenger on the Titanic. The GENZL ship keeps going down and down and down into the cold, icy losing waters. We stare down into those dark waters, hoping to see something that will save our arses. Behold! What are those things in the water? My Gosh! There are fins sticking out of the water and circling our boat. I wonder if those fins are dolphins that are coming to our rescue? <g>

Regards, and good luck, Bob
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