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Biotech / Medical : Matrix Pharmaceutical (MATX)

MATX 132.00

+0.7%

Jan 9 9:30 AM EST

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To: JLIHAI who wrote (223)	9/15/1999 12:40:00 AM
From: Francois H. Gaston	of 240

Excellent news, indeed. Stock might gap up at the open tomorrow. We will see whether it can hold. Wish I could read the exact wording of the abstracts being presented as the wording in their press release is, IMHO, pathetic because they used the word "viable": MRI can measure tumor volume but what do they mean by viable tumor volume? I am not aware that MRI can measure tumor viability (I stand to be corrected). I might be mistaken about that, but if I am right and if they used the word "viable" wrongly.... watch out because: that could mean that management did not catch the error and can therefore be seen as "pushing" their product.... and if they continue to be so unclear about what they mean, don't be surprised for the FDA to be real picky at time of approval. Furthermore, I don't understand how this treatment can eradicate 100% of tumor volume. Most treated tumors leave some sort of scar at their site, after chemotherapy or radiation... a scar usually visible by MRI. In other words: I am suprised at the wording of the first abstract presenting facts that are almost "too good to be true", while other abstract show much lower efficacy (still excellent results, though). We need to do our DD on this one. Just IMHO. Good luck FHG (note: I am only 100 shares long on this one and not a cancer specialist!)

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