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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product -- Ignore unavailable to you. Want to Upgrade?


To: OpusX who wrote (1364)8/2/1999 8:42:00 PM
From: Doug Bean  Read Replies (1) | Respond to of 1837
 
Robert:
Time is what we need. If we get the BC pill we will have a bump up in prices. Other than that , you may be right in that the price may not have much upward movement until the prescriptions come in ,, and that could be quite a while. My wifes Dr says she is on Premarin mostly to prevent bone loss and should stay on Premarin until he is sure the bone density tests for Cenestin are published and then he is not sure she should switch. he could care less about horses..
One of her close friends Dr says roughly the same thing . to paraphrase,, why do you want to change? this drug has proven to be very beneficial to you.
I am still very long DRMD ,, but the wait may be much longer than we first wanted.
CRDoug



To: OpusX who wrote (1364)8/2/1999 10:34:00 PM
From: Firenze  Respond to of 1837
 
Robert,

Tow the line. This one is going to take a while. The sales force just left the gate and most importantly it is the SUMMER! Every doc I know is on vacation or on reduced hours. Remember, we are really just looking for one script out of every 15-20 to move the revenue bar. Once that happens you will see the pop, IMO.

Firenze



To: OpusX who wrote (1364)8/3/1999 12:55:00 PM
From: Angelo  Read Replies (1) | Respond to of 1837
 
As much we all would like to see Cenestin take a good part of the
extrogen market, it is not going to happen over night.We need to
complete the trial initiated to have Cenestin used as a replacement for Premarin, and all that takes time.One think could stop the stock price going down is the approval for B.C..The short term is not very good, but that shouldn't be a matter. We all bought in for the long term and I would bet my house that 3 years from now DRMD would be over
$100 dollar stock on a 2 to 1 reverse split.I am disappointed for the short terme because i loaded shares on margin,and if it keeps on going down then I will have to sell some.Other then that i know we are in a good company.Now my advice to all the longs, if I was you and I had money buy some more and if comes down more buy more.This company
don't matter what happen to the market will still be alive.
Angelo