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

To: David Winkler who wrote (1077)	5/21/1998 10:47:00 PM
From: Ron Dior	Read Replies (2) \| Respond to of 2135

David, No one is arguing that this will never work on humans. Yes their is absolutely a cure for cancer out their and yes someone will some day find it. What we are discussing here on this thread which is part of 'Tech Investor' is whether or not ENMD is a good investment! Not if they have a chance for a cure some day. If I were to invest in every company that has a chance for a breakthrough cure for any given disease, I would run out of money very quickly. 99 out of 100 biotech companies will not even make a profit this year let alone cure cancer. It you want to argue your points on some type of medical thread then I'm sure you could get much support on ENMD's research. This is an investors thread and from an investors stand point ENMD is a very poor investment at present. It is only worth $12 no matter how you look at it. If, and thats a HUGE if, they come out with positive response 12 months to 3 years from now then that would be the day to jump on board and ride it up again. By that time it will be at fair market value again ($12) and even if it spikes up you will still be able to get in for less than $30. Why would anyone want to buy it now only to lose 50% of their investment? The best thing to do with ENMD if you really believe in their research is to go short because you know it will fall, and keep it on your watch list so that if good news ever comes out you can cover your short position quickly and make a profit on the way up also. Sound to easy? It is............! Ron Dior