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Biotech / Medical : MEDX ... anybody following? -- Ignore unavailable to you. Want to Upgrade?

To: Exacctnt who wrote (519)	8/10/2000 9:42:10 AM
From: David W. Tucker	Read Replies (1) \| Respond to of 2240

MEDX reported earnings this morning. I thought it looked real positive, mostly because of all the new alliances formed during the period. They showed a loss of 5.6 million, but they had a one-time charge of 5 million to buy into the Eos Biotechnology deal. If they hadn't done that, they would have shown a significant change in their situation (for the positive). They are still rich with cash and have lots of milestone payments coming. I doubt the market will get it. The stock will probably tank on this good news. dave