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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product -- Ignore unavailable to you. Want to Upgrade?


To: art slott who wrote (674)3/21/1998 4:35:00 PM
From: vestor  Read Replies (2) | Respond to of 1837
 
I seriously believe they will get the Cenestin approval by years end. We could well see $20 - 25 per share by years end.....there is a lot of pressure on the FDA to not get political on this one....I would not short here however I would wait for the CNBC story to fade from memory and pick-up DRMD at or about a 50% retracement.....We may have a rel winner here at last....



To: art slott who wrote (674)3/22/1998 6:15:00 PM
From: Doug Bean  Read Replies (1) | Respond to of 1837
 
Art:
I sure hope you are right .. All these shorts and traders have made me nervous. I really don't want to sell anything right now , but a guy might feel foolish if it runs to 7 and drops back to 5.5 in a day or so.
i do tend to think that it will drop back ,, but only to around 5.75 to 6 , which if that were the case it wouldn't pay to sell taking into consideration taxes etc.
No, I think this might be a case where the comapny is now "over the hump" and while its not straight up from here ,it could be just up.
Also you point aboout a takeover is valid. I'd REALLY feel the fool part if after all this time i was out of the stock during a take over.
CRDoug