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Biotech / Medical : Texas Biotech (TXB)

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To: E. Graphs who wrote (142)	3/31/1997 8:46:00 PM
From: Bill Tomko	of 834

It is hard to type while licking wounds and crying in the beer!!! My thoughts are it trades around present levels or down some until the clinical results are released hopefully in April. If they are positive,which I believe they should be given the history of use in Japan, It firms or moves up a little. Given what has transpired, I don't look for any big up move until the French report thier half of the test results sometime in the July Aug time period. Now that I'm on record for all to see, Remember Mark Twain's advise, Forecasts are inherently difficult, especially when they deal with the future!

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