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Biotech / Medical : dsco Discovery Laboratories
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To: gumbydamnit who wrote (5)4/14/1999 4:31:00 PM
From: FFNEODOC   of 318
 
IDAK,
Nice move on Discovery today, They have cash reserves to take them to 1st qtr 2000, & hopefully they will have FDA approval for Surfaxin for MAS by then. (Looks promising, since it's on the fast track) This stock would likely move up quickly with FDA approval, total outstanding shares only 3.9 million & Insiders control the majority of them. I'm looking into participating in the Stock Purchase Agreement referred to in the recent press release. Still have a 'good' feeling about this one.
Frank
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