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Replies to #911 on Biotech Values
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swampboots

01/21/04 12:31 PM

#912 RE: DewDiligence #911

Ot IMDC: Funny I did not know you owned it. I was told by fund associate (IMDC represented a large % of their holdings) that it was to benefit from FDA approval but it did not. Happened to meet a CEO of a silicon Co (they do not use it for beauty enhancements) and he gave probability it would eventually be approved as "enveloping character of gel ensures stability" (?).
Glad price scared me away from joining the bet on approval.