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Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP)

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To: Fred J Bealle who wrote (44)9/19/1996 8:06:00 PM
From: Sanjay Varma   of 1501
 
Regarding your comments that IZP would make an attractive buyout target...

This comment worries me. I have been keeping my eye on this stock but am not ready to buy it yet. I think of it as a fortune maker with a time frame of 1-3 years. I hope to buy in after the "traditional" winter swoon in the Vancouver Stock Exchange.

I had assumed that the insiders are large shareholders making any buyout contingent on their wanting to be bought out. Also, they seem to be more ambitious (financially) than the average scientists. It seems like they want to make this company themselves.

The preceeding comments have been purely speculative opinions. I have never talked to the CEO and doubt he would answer such a question as, do you want to be bought out? But I just wanted to counter your opinion which, as I said, worried me.

Sanjay
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