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Biotech / Medical : OZON- Cyclopss
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To: Dave Dalry who wrote (7)2/14/1997 4:14:00 PM
From: Jason Wolf   of 202
 
Dave,

I have heard from various sources that these deals are for real and are in negotiations. I was under the impression that there would possibly be some contracts being signed in the near future. I just got off the phone with the IR from OZON and was told that they were still in testing concerning the large pharmaceutical company. She said that it would take at least a month or two before the testing would be complete. I believe that if people were under the impression that the deal would be complete within the next week or two there may be a bit of a sell-off because of the delay. If there is no news concerning the progress of the negotiations soon I believe that it is feasible that the price may drift to under $1. Do you have any info on earnings or projections?? Thanks..

--Jason
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