Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (13670)	5/6/1998 5:18:00 PM
From: Evan Dimmer	Respond to of 17305

I didn't mean "worst case scenario" to refer to the production of the drug and human testing, I meant "worst case scenario" to refer to worst case cancer, meaning people with not much hope that are willing to try anything, much like people are doing with aids drugs now. Don't get me wrong, the stock has and probably will continue to drift downward with occasional bargain hunting pushing it up a couple points here or there. But, what you have to remember is that on Wall Street, the future isn't taken into account, only today is thought about. Sure, if there is no news about cancer drugs, etc. the stock will continue to go down, but you know as well as I do that the next story, article in a newspaper, scientist comment that is even somewhat positive about ENMD or any other biotech company will start moving this stock back up the large hill of the "world's greatest rollercoaster ride", the price of ENMD stock. It wasn't worth it to me to buy it in the 80's, or even the 50's. But, this is some amazing story, and it could be worth it, and probably will be in the future, short and long, to pick some up tomorrow. Note- I own NO shares of ENMD or ANY biotech company. I am not trying to hype this stock. Evan Dimmer