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Biotech / Medical : EntreMed (ENMD) -- Ignore unavailable to you. Want to Upgrade?


To: Andreas Helke who wrote (759)5/6/1998 10:30:00 AM
From: whitephosphorus  Respond to of 2135
 
ACEL is in Phase III for cancer,,,READ ON

gilbrazil
May 5 1998
12:11PM EDTThe situation with ENMD is the same as Alfacell early on - big claims, but with results years away. Alfacell got up in the 20s, then over time came down to 2 1/2. Many of those who bought ENMD in the 80s, 70s, 60s will hold on and get as frustrated as long term Alfacell investors are now. When actual results begin to trickle in the public will react. If human trials prove as effective as with mice ENMD will soar again. Otherwise it will continue to fall.

Alfacell is past all that. The drug has already shown efficacy in phase II. The enthusiasm of the past couple of weeks demonstrates that money is watching and starting to react.

There will be profit-taking corrections, of course, as we have already seen. But the stock is now following a nice upward path.

IMO, continue to buy on dips.

Gil
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