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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI) -- Ignore unavailable to you. Want to Upgrade?

To: Starlight who wrote (688)	3/14/2000 5:31:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 1154

the whole sell-off today has more to do with market psychology than actual substance in the Clinton speech. however,,,i think there are two sides to this issue that are rather complicated... from a profit and capitalistic perspective----companies spending money to identify genes want to be able to lock into that potential profit by patenting genes. the race and success in identify the genes have been increased exponentially by the private sector's involvement. progress has been made because of potential massive profits. being able to identify genes allow one to find ways to fix it in diseased states. so finding the genes is a very significant part of finding the cure. heck,,what's there to cure if we don't know what's broken? now,,,the government and humanity as a whole jump up and say,,,wait a minute,,you can't patent genes..and i don't know what the answer to that is. my own thought is that one should not be able to patent genes...i mean,,,why should HGSI, CRA, or whoever have the rights to my genes,,,which are very similar to yours...it's like trying to patent oxygen... having said that,,,the government can't tell these companies that have been working and spending money out the wazoo trying to find genes that they no longer can profit from this....so it's going to be a slippery place where ethicists and scientists,,,and capitalists need to sit down and work out the best way to allow capitalism to continue to drive the engine,,,but yet,,,not lock the data in a vault and only available to the highest bidder... wow,,,what a tangled web.. mike

To: Starlight who wrote (688)	3/14/2000 5:42:00 PM
From: Ed Weider	Respond to of 1154

Elizabeth, I'm glad you've done your DD too. I agree that this selloff is an over reaction simply to counter the incredible price increase of the past weeks and that there is plenty of corporate growth ahead in this sector. I've taken on some new positions today including GENE. To reference Clinton and Blair's comments in detail from the UK market's perspective check out the BBC. news.bbc.co.uk They stated in this article that .."both leaders stressed that companies should still be able to acquire patents for inventions derived from the raw data"... and that they do not intend on enforcing disclosure. "Be wise and do your DD"