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Biotech / Medical : INVR - Innovir Labs - On it's way back.

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To: Rob C. who wrote (1)10/31/1996 10:38:00 PM
From: Skiawal   of 65
 
How long have you owned INVR? How did you learn about it?
Major Player (The Aries Fund/Lindsay Rosenwald) stepped in a while
ago and the stock has basically dropped to what they paid for it,
50 cents a share. Is there someone else coming in? This would
certainly be news to a lot of people who should have had some
indication of something happening. Everyone that I have spoke to
know nothing and have no idea why this is dropping so fast?
It almost seems that the Aries FUnd is bailing. I put a call into
Rosenwald today but they said he is out of town.

I have owned for a year now and my average price is $4 with A LOT
of shares. Between my friends, family, myself and my clients we control
over 300,000 shares. Needless to say, we are not happy campers. I
really thought that the Aries Fund was going to bring this back to $4.

Things look pretty bad! Does anyone know ANYTHING?

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