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Biotech / Medical : Ribi Immunochem (ribi)

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To: tim quane who wrote (25)2/19/1997 1:14:00 PM
From: tom jones   of 92
 
To all: a comment on Ribi's volume and large block trades.
It seems that Ribi's volume has been up since just before Ribi's presentation at Hambrecht & Quist Healthcare conference January 6-9.
They said they were expecting to submit requests for approval for 3 products this year. If all three are approved this would be very big for the company and lead to quicker approval of the same products for other indications. I think this has started some institutional buying (increased volume) and if so the long term future of the stock looks very good. tom
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