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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product -- Ignore unavailable to you. Want to Upgrade?


To: vestor who wrote (790)8/16/1998 11:12:00 PM
From: Doug Bean  Read Replies (1) | Respond to of 1837
 
Vestor:
Well it seems pretty good to me. At first blush i was somewhat disappointed because I thought that they might actually begin to make a few bucks .. But then I had to think that a couple of the new approvals won't kick in any cash yet.
They have made a large move forward and they still have many new drugs in for approval. If ( as stated) these are bigger margin products and which are hard for others to make,,, the basis will be there for a profitable company .
The big deal is still Cenestiin and thats where we will win big if/when it gets approval.
Otherwise it still sit and wait for me.. If DRMD does drop into the 3s i will have to find a few more bucks and add to my position. You just know there is a POP waiting after the next approval.
CRDoug