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Biotech / Medical : Texas Biotech (TXB)

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To: Meridian who wrote (122)	3/17/1997 5:59:00 PM
From: Bill Tomko	of 834

The problem was Bloomberg issued a press release that was 180 degrees from the companys announcement. Bloomberg said that the results showed the product to "have no advantage". The company as of 4 Pm EST was working with Bloomberg to get a retraction or at least clarification. Bloomberg apparently focused on the one sentence from the second page which stated while encouraging the study was to small to draw conclusions from. I don't think anyone ever thouhgt of the product as mono teatment for MI. Either the press release was misleading or Bloomberg was misleading. Take your pick and buckle your seat belt for Tues. I held my breath and bouhgt more.

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