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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: guido leone who wrote (523)3/31/1997 11:40:00 PM
From: I. Luttichuys   of 1762
 
Hello guido, No, that wasn't me. I picked up mine last week for around
the same price though and was about to do it again today but did not.
My feeling is that these are going to do well but, I am unsure as to
whether weakness in the stock might continue a bit more to create
a better opportunity.
One concern is that the FED usually raises rates consecutively. I am
wondering if it will be the same next FOMC. Greenspan is trying to close
the gap between the stock and bond markets and may have had a 50 basis
point adjustment in mind and, like they usually do, is dishing it out
half at a time. Maybe and maybe not but, either way,
I think we could get lucky and get an even better deal on this.
I have always felt very good about this stock and, although it is taking
some knocks like everything else, you can find biotechs out there doing
worse.
BENNETT
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