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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Ward Knutson who wrote (10812)3/4/2004 2:02:18 PM
From: rkrw  Read Replies (3) | Respond to of 52153
 
OT Ward, I've long seen mogn as a cult stock esp back then. Sorry if this offends you, but that's my opinion. Sounds like you were on top of the anti-emetic, that's great. I still remember mogn (and you I believe) pointing to a single (maybe a couple) cancer patient who was doing very well. I've considered this type of push a red flag. I remember well Rick's argument that the mogn drug was toxic as hell. Was he right? mogn made a very shrewd inlicensing and deserves much credit for this. It's nice to see a stock with long time and loyal s/h getting rewarded for their perseverance. lgnd is a similar one with LT and loyal s/h that's doing very well via a smart inlicensing.

P.S. Sign of a cult stock, say anything disparaging and you'll hear about it and fast. Glad that you and Richard are sharing beers. Kudo's. I should have been right there with you, perhaps at the next table over :-)