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Biotech / Medical : Pharmos (PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST

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To: Zvi Steinberg who wrote (875)8/19/1999 8:06:00 PM
From: arnie h  Read Replies (1) of 1386
 
Zvi: Sorry for not getting back to you sooner. Was traveling.
Glad to see that Sturza remains positive.
I was happy to see the revenue progress made in the past Q. Continued progress will make all the difference in the company's ability to sell itself to others.
With the request to increase the number of shares to 80M, we can expect further dilution and this would appear to be a drag on stock price. Hopefully, we won't get diluted by the full amount.
Cheers.
Arnie
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