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Biotech / Medical : ICN Pharmaceuticals

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To: Robert Florin who wrote (972)	8/11/1999 4:43:00 PM
From: Clouseau	Read Replies (1) of 1029

Robert, Mike - FWIW The facts that it sold off so hard and hasn't recovered all THAT strongly, and that it was preceded by insider selling make me nervous and jerky and tho I own a large position (for me) I am not adding more. Nor am I giving up. We thought that the writeoffs in EE were behind us. So here comes surprise #1. What's next? Maybe the insiders know of more "challenges" that MP is unwilling to be forthright about, but they know are coming. Could be Russia, China, South America, who knows? Future writeoffs can be revealed even in the face of the optimism voiced in the cc..."well, we just didnt know this was gonna happen." Personally I dont think PegIntron is a problem. Friends of mine who have followed the story are accumulating more. Good luck! Dave

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