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Biotech / Medical : Ribi Immunochem (ribi)

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To: JOHN KOLNIK who wrote (42)10/31/1997 5:00:00 PM
From: JOHN KOLNIK  Read Replies (1) of 92
 
To All:

I just got off the phone with the company, and have no real news to report. The q. report will be out the end of next week and is going to look a bit better than the last one as far as earnings go. The Canadian filing is going good and hopes to be approved in March. The European and the FDA filings are next and should be filed in the first half of the year. Of course we've heard that before.. Was told that things simply take longer sometimes than was anticipated. There is no reason on their part for the decline in stock price. Nothing bad happening. It's simply the crazy market.--John
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