NYMXF Alzheimer's treatment! Message Board

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Biotech / Medical : NYMXF Alzheimer's treatment!

NYMXF 0.106

0.0%

Oct 31 9:30 AM EDT

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To: Ron who wrote (124)	8/25/1998 8:21:00 PM
From: Demetre Deliyanakis	Read Replies (2) of 132

I find it ironic that the more press releases that NYMXF issues, the further its stock price declines. The company's stock was doing much better in 1996 when people knew very little about the company. I still think that the company's inability to get a new equity offering in July is very bad news. If Nymox can't sell its story to investment bankers in a bull market, what will happen in a bear market?. The recent volatility in the stock market has probably led numerous investors to liquidate their riskier holdings. Nymox is certainly a risky stock to own in these days. They only have 6 million canadian in the bank . This will probably fund the R& D program for another year. I am not sure where they will get financing after that. The only institutional investors that own the stock are the Caisse de Depot and Interinvest. The company's biggest mistake was not finding a major pharmaceutical or biotech company to assist the company. I am sure if the AD 7C test was supported by Pfizer, the stock would be much higher. I think Nymox will have to find a partner soon or it could run out of money soon. I am suspicious about the number of press release coming from the company in the last month. I would like to hear from all the Nymox backers. I have been told that many people from Montreal invested in this company when the stock was $17. I feel sorry for them.

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