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Biotech / Medical : Oncothyreon

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To: Phil Cressman who wrote (613)4/29/1999 8:06:00 PM
From: Jibacoa  Read Replies (1) of 2344
 
<<<We could see a fast double.Going to be tough hanging on if the offers get that rich>>

Just remember that last November 26 we had a "spike" to the 17 level ( before the Toronto Stock Exchange stopped trading on BRA and the NASDAQ followed). That "spike" was brought on by a positive article on Fortune Magazine.

Also remember that the stock price went to 8 when the FDA approved Biomira's test for breast cancer, which was later sold when the company disposed of their diagnostic division to concentrate on the Ca. vaccines, which they felt had a more rewarding potential.

You may have problems "holding" if the price doubles from present levels, but $9 is still too low a target and not a "rich offer" for long holders of BIOM.!!!

Good luck to all.

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