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Biotech / Medical : Genzyme Tissue Repair (GZTR)

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To: JOHN E.DAGGS who wrote (2494)2/3/1999 3:17:00 PM
From: BWAC  Read Replies (1) of 2553
 
Sorry to hear that. I guess the perception depends greatly on your entrance point. I originally bought some at 4 5/16. And then bought a whole lot at 2 1/4. Throw in a few daytrades and my average is about $1.

So things look good to me. I know the carticel product works well as my wife works as a therapist and has had a patient come through the clinic she works in. As GENZL works on the insurance companies for Carticel reimbursement and they get rid of some of the Diacrin expense things should begin to look up. In the last conference call they strongly implied they were looking at 6 quarters months until profitability at the current growth.
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