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Biotech / Medical : Sugen (SUGN) -- Ignore unavailable to you. Want to Upgrade?


To: Suntzu who wrote (342)3/31/1999 5:31:00 PM
From: NASDBULL  Read Replies (1) | Respond to of 550
 
Sugen Inc. (NASD symbol: SUGN) should gain National Exposure this Sunday on the CBS news magazine 60
Minutes. The encouraging results of SUGN's cancer study, conducted at UCLA's Jonsson Cancer Center - will be
the subject of a rare two-piece segment for 60 Minutes this Sunday, April 4. Sugen is attempting to fight tumors by
starving them to death by cutting off their blood supply - a process know as Angiogenesis. It is notable that while
other angiogenesis inhibitor studies have generated attention for the effects on mice, SUGN's encouraging results
were obtained in Human patients.



To: Suntzu who wrote (342)4/1/1999 4:36:00 PM
From: StockMiser  Read Replies (1) | Respond to of 550
 
Well that went pretty much as I had thought..hehe. I said we'd close between 22-24....22 7/16 is the close so I'll take that as a good guess.

Monday will probably be a huge pop 9:30-10:00, followed by massive profit taking. Then it's all in the hands of the shorts.

I'll give you a heads up on what I think could be the next runner....

IMCL has it's day....SUGN is about to have it's day...next one is a company already in final phase III trials, a leader in it's field, complete with a major biotech partnership, and plenty of cash in the bank. The stock is trading near support. A confirmed "rumor" is that a national newspaper is about to do a major story on this company's particular area of expertise and has already interviewed the CEO.

Can you guess which company this is?

Have a great loooong weekend!

SM :-)