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Biotech / Medical : Biotech for less than a buck. -- Ignore unavailable to you. Want to Upgrade?

To: RWReeves who wrote (415)	2/29/2000 4:23:00 PM
From: RWReeves	Read Replies (2) \| Respond to of 743

Well, no sooner said than done. AICX up 37% on the day, 14% I think yesterday. VYSI running again also. MAGN finally found the "other way" to go for a change. Ummm. Now the bad news. One of the LTAB candidates I was researching popped. FLMLY. Up 46% today. Just like LJLB, a day too soon. I hadn't finished DD on it so hadn't talked about it. Extremely high volatility in this. So be careful with it, it can and has dropped just as fast in the past. Those French, you know, love a biotech or hate it.<g>. Some other stuff I am looking at (DD incomplete- proceed at your own greed/risk assessment): HMP- Good revenues, earnings tanked on restatements of inventory due to the recent acquisitions. Looks OK, but down 25% today, looks un-loved and un-valued. But not by us, eh? FLMLY as mentioned. French drug delivery outfit. VVUS- OK let's not get into this too much. Sex and stocks don't mix, or at least not well. Just think of them as a speacialized pharma company and it'll go better. Nice article in SJBT prompts me to mention it, (I'll post it later if I'm not too lazy) started to review it last week as it hit new lows. They were doing very well until Viagra took most of their market due to the convenience of taking a pill as opposed to ah, their unique dosing method. Do your own DD on this, don't make me spell it out. BUT!!!!! There's a fair number of the population that Viagra doesn't work for or that have nasty side effects like death ( what a way to go, I know) that are not a problem or less so with VVUS's new generations of ah, goop. 5 bucks a share, price of a Value Meal. I've heard some funny stories about VVUS early days- these will be shared only over a beer at H&Q or ASH. Enough for now. More on the way. RWR