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: Rick Costantino who wrote (674)	4/18/1997 8:42:00 AM
From: Roader	of 1762

TO ALL; IDEC FALLS BECAUSE..... The following sales are the reason Idec has been tanking. No need to speculate on approvals, fundamentals, etc. Investors simply don't get excited when those who know most about the company are selling like its going out of style. This company is a great investment but don't jump under a falling truck. Patience is a virtue. Roader FILER: GRILLO-LOPEZ ANTONIO TITLE: Officer SOLD: 03/05/97-03/06/97 50,000 24.38-24.50 OWNERSHIP: 10,316 Two years ago, Idec bought out Merrill Lynch and Morgan Stanley, giving them preferred stock. That converted recently to 1.3 million shares of common stock. It appears as if the partnership was selling a portion of its holdings Wednesday, said Rohn.

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