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Biotech / Medical : OZON- Cyclopss

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To: Jason Wolf who wrote (9)2/18/1997 8:29:00 PM
From: Robert Stewart   of 202
 
Jason,

As per conversation with someone in the office of OZON, it may take a month or more for the data to be completed necessary for further negotiations leading eventually to the a possible contract between a pharmaceutical company(J&J, according to previous posts) and OZON. I think some people have been waiting since long before the end of '96 and there seems to be some veagueness as to how much more data and time will be needed. I think that if the stock drops below $1 it is still a good buy. Otherwise it is a "wait and see" situation because of the uncertainty. I believe the deal will come about but when? is the question.

Just a few observations,

Marlin
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