IDPH--Positive preliminary results for pivotal trial of ID Message Board

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

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To: I. Luttichuys who wrote (660)	4/16/1997 9:39:00 PM
From: Rick Costantino	of 1762

Bennett, I hope you do well, and I am considering picking up some more myself, but I would be careful! Is this drop a dilution effect (at least in the float)? If so, it may not correct right away. I am also wondering if there is any rhyme and reason to this. Perhaps a negative interim results of the RA MAb? Perhaps a recalculation of the market sales for C2B8? I'm not so sure this entire drop can be explained by the conversions and sales... I continue to be surprised by this some 40% drop (from $30). I seem to be getting killed on several biotech fronts, so maybe I shouldn't be too surprised. Could this be a time for some options? April is way too risky, but longer term ones could be profitable. Rick C

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