To: David Graham who wrote (3340 ) 2/8/2000 9:54:00 PM From: Montana Wildhack Respond to of 14101
David, We need contrarians. In a few months the charts will show the truth. In all likelihood there is a percentage of the biotech crush affecting DMX; but, not as much as the stampede coming when Dimethaid makes announcement after announcement and then turns on the solid tap into that multi billion dollar Arthritis market. I doubt half the Bio's drawing interest right now will succeed at their business plans and am near certain the Dimethaid will. Dimethaid meets all the criteria on paper: -flush with cash -product at/near approvals -big drug firm relationships -few hurdles (manufacturing/inspection/translations) -sound management -no hint of hype -other products at least under development Look at the fungal product. What would you pay as lets say Glaxo/W to revolutionize this $1.5 billion market knowing the carrier achieves what has always blocked an efficient/safe cure? Whoever comes out with this sells 750 million US minimum first 12 months. It'll be the only thing in the market that actually works and as we all know I speak from personal experience as do others here. Dimethaid could hardly be in a better position thanks to the people there. We're watching for the manufacturing solution, then capacity, the details of the partnership deals, the UK labelling, price positioning, fungal product timeline, etc, etc. Nothing really showstopping. Lets point out for the new investors here, (there's bound to be a big bunch), that DMX only has the facilities inspection left in the FDA approval process for Pennsaid as a major hurdle. I hear your point David, but, I'm not buying. The placement was oversold. Those 2.5 million shares are up over 100% in a little over a month. I realize you're just presenting an argument and know all this; but, not everybody reading this does. Plus it hasn't exactly hurt that we keep reminding ourselves of the facts. Last point. I expect a 200% premium on any buyout offer. So no less than $26 if the offer is tomorrow. (No I haven't heard anything). All the best, Conan the librarian