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Biotech / Medical : Texas Biotech (TXB)
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To: Bill Wexler who wrote (579)2/19/1998 1:06:00 AM
From: Larry Liebman   of 834
 
Bill..I'm a bit confused by the assertion that TXB continues to "disappoint" investors. I pulled up a chart showing it selling at <$2 in 1996. If I'm not mistaken, it just hit a 52 week high. It has a candidate waiting for approval and announced positive Phase2 results in CHF/a "significant" market. As I read your assertion, I wondered if you were referring to TCLN rather than TXB. Best of luck with your short position. I took a small stake last week at 6 1/4. I'll take the other side at this time.
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