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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: Biomaven who wrote (96)	3/23/1999 8:34:00 PM
From: BRAVEHEART	Read Replies (1) \| Respond to of 52153

Hi David, PGNS may receive a similar fait to that of ABTX. The main difference is the cash position of PGNS & the greater revenue potential of ABTX. The scenario may be as ill-fated. I expect every broker to downgrade the stock. Those who bought for a bounce will slowly sell if it is not realized. What positive news could even remotely justify one. Finally the wrath of repeated shareholder lawsuits will scare away potential investors. This story has yet to fully play out. I won't rush in on this one. BEST WISHES Jeffrey