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Biotech / Medical : ADVR and ONLY ADVR
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To: Bernie Bildman who wrote (70)9/25/2000 9:05:52 PM
From: Bernie Bildman   of 278
 
More on the recent SEC filing::

"We are currently evaluating the costs and time necessary to proceed with Phase I clinical trials in Argentina."

There have been reports lately that testing in Argentina is ongoing, however in this most recent filing it seems testing is NOT underway.

Anyone have info regarding this??

Also, it's my opinion that the recent loss of interest (read that 'disappointment') on the message boards and the price levels we are moving toward can be explained:

(1) to some extent by the anticipation of some kind of 'major' news following the poster presentations and the letdown of nothing developing

(2) the anticipation of an IND filing/approval being announced, with no news whatsoever.

I for one was one of those who thought we'd be looking at the IND by now. I was wrong and I feel it will be better to foregoe predictions of such for our own sanity. ceoa+ on RB stated it correctly...that it will be here when it gets here. However, I feel if nothing develops by year's end, there'll be a price to pay in the way of selling off by many investors who targeted end of year as a LAST possible point to move forward with IND news. Something dramatic by that point in time should develop, either IND submission/approval or postponement - with the announced 'end of year' time frame offered by the company.

So, with a wish in my heart for good news for us all, I'm going to put off any expectations until end of year time and play it easy.
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