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Biotech / Medical : AMLN (DIABETES DRUGS) -- Ignore unavailable to you. Want to Upgrade?


To: Harry Ehrlich who wrote (1226)3/3/1998 1:27:00 PM
From: D.Right  Read Replies (1) | Respond to of 2173
 
Dear Harry:

The market is always right I was told many times but I still make mistakes by taking the wrong side.

Two bright spots if you want to look at them. First, JNJ just gave AMLN about $150m gift for free, which is more than the market cap of AMLN now. Second, AMLN said it will market pramlintide for type I in the European market one year earlier (file first half next year, but I don't know how long the approval process will take), which will have money coming in to support operation from there. Additional positive is still the 75% number they mentioned at the H&Q conference. But these positive won't take the pain away from the price falls we have been taking lately. Hopefully, this is the end of bad news season.

D.Right