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Biotech / Medical : Human Genome Sciences, Inc. (HGSI) -- Ignore unavailable to you. Want to Upgrade?

To: guido leone who wrote (223)	4/24/1998 6:32:00 AM
From: Andreas Helke	Respond to of 1127

Lehman Brothers claim that the major reason for the price decline is that major shareholders are selling. Reliance and Smith Kline Beecham both went from 7% to 5% ownership of HGSI. lehman.com is Lehman Brothers table of biotech reports. lehman.com is the report itself in Adobe Acrobat format. Andreas

To: guido leone who wrote (223)	4/25/1998 2:43:00 PM
From: Elmer	Read Replies (1) \| Respond to of 1127

guido, This stock is one of my core holdings and has done nothing in the last two and one half years. What is really painful is that the overall market has been up about 65% during that same period. To compound my pain, I have most of my family members into it as well. That said, I'm holding until the results of the clinical trials are complete. Here is why. The clinical trials represent only two of about 200+ proteins that this company has patents or patent pending applications for. If the first trials produce a drug, it validates their science. And if the market gets that kind of validation, plus earnings on the drugs and a series of new trials, everybody will have to own the stock. If this comes to pass, the hard part will be holding after its up 10 times. With respect to the sales by Reliance, remember those are the guys that greenmailed Disney for a few points about 13 years ago. Had they held the Disney stock, Saul Steinberg would have been a far richer man and his son wouldn't have to write magazines for a living. Regards David