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Biotech / Medical : Human Genome Sciences, Inc. (HGSI) -- Ignore unavailable to you. Want to Upgrade?


To: Steven Rachbach who wrote (267)4/27/1999 5:58:00 PM
From: Elmer  Respond to of 1127
 
Hi Steven,

I've owned the stock for years and have known about the clinical trials. But I always thought they had many years of cash to burn. It came home yesterday with the $12 million loss that the trials have to be successful or they will have cash problems in less than 4 years.

That said, I own a lot of stock and believe it will work out. I just hope the phase II results (and phase III results) are successful. Regardless of the results, I think they have great science and think it would be a shame if a couple bad trials turned the street negative so that capital became a problem.

But if the phase II and upcoming IIIs work out, the science will be validated and the stock will be up a ton. It will be HGSI.com.



To: Steven Rachbach who wrote (267)4/29/1999 6:06:00 PM
From: Elmer  Read Replies (1) | Respond to of 1127
 
I spoke with IR today. She said the phase II results might come this summer but more likely will be released this fall or early next year. She could not identify the conference where the results will be released but thought the American Heart Assn. conference (I think) in Nov. might be a possibility.

So, this stock probably won't move until some time next century.