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To: QuietWon who wrote (60479)3/10/1999 2:36:00 AM
From: blackmerlin  Read Replies (2) | Respond to of 119973
 
CYPH moving up, fundamentals look good:

CYPH (Cytoclonal Pharmaceuticals Inc.) moving up yesterday, +3/8 (+5.36%) to 7 3/8. Fundamentals look good.

biz.yahoo.com

-Indicates company received payment from Bristol Myers Squibb for fungal fermentation of Taxol (a cheaper way to make a $1 billion anticancer drug, and Taxol sales are increasing partially due to new uses in combination therapy - i.e. with Genentech's Herceptin).

-Cytoclonal has integrated approach in the Taxol area - Fungal Taxol production plus the elucidation of Taxol biosynthetic pathways.

biz.yahoo.com

-Shows CYPH has rational drug platform in place for the discovery of new therapeutic compounds (could open up new licensing opportunities if successful).

IMO, I like CYPH, may have potential to hit 10 1/8 in the short term.

Regards,
Jake Blackmerlin