IMNR - Immune Response Message Board

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Biotech / Medical : IMNR - Immune Response

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To: Nagaraju R. Arakotaram who wrote ()	4/5/1996 4:36:00 PM
From: Carlos Fung	of 1510

Nagaraju, I have traded immune response for over 2-3 years. When it was around $6 and when it went as high as $50 (when the Biotechs were hot, in the good old days). I have bought and sold the stock many times and I finally got rid of my last shares yesterday. They have been in alot of Phase II and Phase III stages on most of their products and from reading their quarter and annual reports they have not been making money yet. I was glad that it went up on Tuesday, I think there were alot of profit takers yesterday or maybe alot of the old investors were trying to get rid of their old shares, like I did. I love the company and I am going to back to it when it gets around $7-$8. If you can wait for their products to get past clinical stages, I can see the stock going as high as $20 in a year and maybe over $30 next year. The stock has been trading back and forth (before Tuesday's news) around $5.5 - $8.5 for over a year, which is a pretty good % return if you buy enough shares ! Good luck, and I waiting to get back in.

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