Micrologix biotech Message Board

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Biotech / Medical : Micrologix biotech

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To: daryl gordon who wrote (498)	5/16/1999 8:49:00 PM
From: Larry G.	Read Replies (1) of 792

There will be some analysts coming out with reports soon. The top analyst will be coming out with report very soon. Probably this week. Dundee came out with recommendation and target price of $6.00 in about 12 months. Others are coming out soon. I probably have same broker. I have held for three years and was told not to sell when it was higher. Only thing when it hit $2.00 I started buying. When you come down to it you can not judge these for short term. The story is good. The potential is excellent. A lot on the thread do not think this will go up immediately but long term it will do well. Some share your concern about Yorkton report and feel like you that it may be biased. I keep in touch with the company and I like it very much, MBI a while ago was close to a joint venture but that has been put on hold. If it had gone through MBI may have gone a lot higher but it did so the price fell. MBI is having discussions with a number of companies with joint venture in mind. I am in the same position and do not like that I did not sell when it was higher but what can you do. Other analysts will be coming out with reports soon. When I see them I will let you know. I still think this will be a very good company in future.

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