Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Magainin Pharm (MAGN) -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (200)	7/1/1999 1:52:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 233

Well wasn't that a nice romp...and it seems to want to continue... However, as of now my remaining shares in Magainin are 'paid for', no matter what the future holds for Pex or Squalamine, or the Asthma program--I need not worry, the market has given me a nice chance to hold shares which seem like they came free to me. My investment is a more modest size now than the slew of shares I had piled into near the recent lows, but still sizeable (20% of my portfolio). Some would argue that is still too much, but I feel pretty comfortable with it. I have no target for the stock...a long term investment and it's all in the companies hands...well, the FDA too, but let's not dwell on that;-) I hope the recent move has helped mitigate the longer term suffering of investors in this stock (that is to say, hope you all caught at least a part of the move from 1 1/2 to 3 1/2. I would not neccessarily advocate loading up on every micro biotech whish is punished by the markets...sometimes the punishment is deserved, and I certainly don't have the expertise to know to where the best science is. I've a rough idea from time to time what get's you the best bang for the buck though. Bang!

To: Mike McFarland who wrote (200)	11/13/1999 4:50:00 AM
From: Mike McFarland	Read Replies (1) \| Respond to of 233

Lee Hartwell of 'The Hutch' Keynotes 3rd Seattle Informed Investors Cancer Stocks Forum Dec. 11 biz.yahoo.com MAGN and TGEN, two of the nine microcap biotech stocks that I own happen to be in the group of five exhibiting companies listed on the informed investors website--I'll try and attend, would like to see the display. informedinvestors.com Despite the Pex debacle, Magainin is actually one I've traded successfully. Almost feel an obligation to be a good shareholder now and ride it trade free through Squalamine...and it's not as if I overpaid anyway. I wonder if Pex might be salvaged yet?