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Biotech / Medical : SANGUINE CORP. (SGNC) -- Ignore unavailable to you. Want to Upgrade?

To: Randy Cutrara who wrote (3127)	7/13/1998 7:40:00 PM
From: Jim B	Respond to of 5402

COMPLETELY different stocks/companies CSHK and SGNC.. both risky.. but there is ALOT of solid DD here to suggest that SGNC truly has a viable product (or potential thereof) to make hundreds of millions of dollars and save lives at the same time.. I think today's decline was people finally realizing that this one isn't going to blast off into the sky anytime soon.. we all heard strong rumors of "institutional buying" coming soon.. that never materialized.. at least not to our liking.. so now we just have to go back to the basics.. understand where this company is positioned and realize that this is one of those investments that you consider picking up some cheap shares with the hopes that the testing will continue as planned.. and that sometime in the future.. maybe a few months.. maybe several months.. this company will be bought out.. I continue to feel that LONG TERM (months ahead).. this stock will appreciate greatly.. but we probably have a long slow trip there.. however, someone out there could always surprise us with some large buying.. but I think that shouldn't even be a consideration for buying in any longer.. trust the DD and put the certs away and you just might be surprised (again if ALL continues well) to see where this one is trading after Christmas of this year... today's prices sure look appealing to me.. but like MANY of you.. I'm disappointed to see us where we are... in fact, I'm surprised I'm NOT freaking out.. but you know what.. I've watched so many stocks tank lately (some I was/am in).. that today's movement just about figures since I've got most my money here... but you know what.. I'm confident that one day ahead.. hopefully not too far ahead.. I will again be delighted to pull up my portfolio balance at ETRADE... but for now.. having lost about $35,000 in 6weeks.. I'm pretty much disgusted... holding onto faith.. and trusting the DD.. jim