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

To: Mongo2116 who wrote (4048)	9/18/1998 3:20:00 PM
From: Jim B	Read Replies (1) \| Respond to of 5402

very COOL... so SGNC is up from 18cents to around 40cents now... (however, down from $1.00 not too long ago... ) but anyway trend is up now... CNNfn and AHN are going to feature SGNC and Dr. Drees next week... to discredit the potential of this company now is to say that CNNfn and AHN lack any credibility in finding new technologies.. we all know that biotech companies are VERY risky... SGNC only has one product.. if it doesn't work out.. then SGNC will likely be dissolved... imho... but I would gather that the real world is beginning to take notice of the facts that SGNC appears to be succeeding where so many others are failing... how many $100million or great losses have occured with R&D companies trying to get a synthetic blood substitute product this year??? quite a few of them.. Dr. Drees, CEO of SGNC, has been saying for years that they are doing it wrong.. and that his process is "the only way"... and of course, he took a step in the right direction when he became the first to get a 1st generation product approved in Japan FDA... just be aware, there are still LOTS of steps to overcome ahead.. by no means are we out of the woods... it just appears that more people are beginning to take an interest in this story... again, BIOTECH companies are risky.. so understand that there is still alot of testing that needs to be done... and could take a couple years to get the product to market IF the testing is all successful.. many people are here because of the probability of a buyout IF TESTING shows initial success within 6months to a year... maybe sooner.. all we can really do is speculate at this point until animal testing results start flowing through.. I'm excited because having bought stock at 80cents and $1.00 and just NOW recently decided to add more at 25cents and then some more today... because of the coverage that CNN and AHN (American Health Network) are going to be giving SGNC next week.. I don't have cable.. but I've got a friend who is also invested in SGNC that works with me going to tape the shows... so hopefully we'll get some good feedback here on the thread next week after these shows air. jim