John, Mike & Tom's <b>Wild World of Stocks</b> Message Board

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Technology Stocks : John, Mike & Tom's Wild World of Stocks

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To: wlheatmoon who wrote (2179)	2/17/2001 4:31:39 PM
From: Logain Ablar	of 2850

Mike: Have you had a chance to listen to the IMNX cc? I just read the annual report. Investing in new drugs (i.e. higher R&D) but with $3 / share in cash and being profitable I'm surprised it broke $30. I see it just stopped a trial. I'm just starting researching why the stock is dropping so much. Is AHP still selling shares? I have an old order out @ $25 which I'll leave for a trade at least (remember I lowered my buy point from $32 a while back). Plenty of support @ 25 from June and a lot of congestion between 16.5 and $25 from last year. I'd expect a bounce from $25 at least. I still like this one for the long haul. I can't believe we have a biotech making money (just under 30 cents last year, 9 cents in the quarter) $3 / share in cash (appx $1.7B, so no risk of funding pressure) can make 2 cents / qtr on investments alone trading @ $27. still means I'm a product of this bubble its trailing pe is 97 Do you know what this years forecast is? Thanks. Tim

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