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


To: Martin Posgay who wrote (986)3/27/1999 8:22:00 AM
From: vestor  Respond to of 1837
 
Some interesting bits of news:

G. Gordon Liddy discussed the benefits of Cenestin and had a negative slant on Premarin. A little free press..

I wonder how many investors are aware of the Tamoxifin submission before the FDA. I have heard that this too is a block buster if approved.

I am being told that one of the dosages permitted of Cenestin is not available with Premain and that dosage is highly desireable by doctors... Can anyone confirm ?

Does anyone know of the financial impact to the companys bottom line for the two other drug approvals the week before ?

There are also three other ANDA's well along in the FDA pipeline. Does anyone know what they are and their impact ?

Given recent events and in consideration of upcoming events this company is not an $11. stock. Perhaps we may touch upon $10. soon as momentum players take profits. Are there any TA people with thoughts as to a good buyin price ?

When considering upside potential vs downside risk it seems it is reasonable to accmulate shares at these levels....

IMHO.....



To: Martin Posgay who wrote (986)3/27/1999 6:08:00 PM
From: Bullhorn  Respond to of 1837
 
Martin-Agreed.....we should check the new short count???



To: Martin Posgay who wrote (986)3/29/1999 12:34:00 AM
From: Haolin Ni  Read Replies (2) | Respond to of 1837
 
>Should be around $15 to $17 next week. Usually the fund managers wait until the price settles down to a stable level before jumping into the market.<

Please check the charts of ENMD and any other Biotech stocks after they had a big run. I guess you rarely investing in biotech stocks before when you have such a dream. DRMD has little money in hand for production and distribution.

No one like to buy DRMD over $15 any more. I really hope it could reach there so my friend and I could increase the short position.