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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: Michael C Quesnel who wrote (5090)	6/8/1998 2:20:00 PM
From: Rocketman	Respond to of 9719

I vote for stock price Poor Performance. For GENZL, I think it is a long term project for them to get up to decent revenues in the knee repair business (slow and steady), and that they will continue to plow money into long term R&D and thus will not reach profitability on the knee repair alone. Thus, even though they have a "product" on the market, they won't get the respect on the street that a profitable company would achieve, and thus I think the shares will continue flat versus other things out there. At the time we sold, we wanted to use the funds for other things. I think this is also the case with REGN, but V1 should confirm on this. Rman