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Biotech / Medical : Pharmos (PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST
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To: Jesse Schulman who wrote (991)2/10/2000 10:04:00 AM
From: arnie h  Read Replies (1) of 1386
 
ITSS:
As a follow on, apparently the PR people just awoke from a long winter's nap and put something out. We apparently did raise fresh funds to the tune of $7.3 Mil for 3 Mil shares at the price of about $2.40 or so. Presumably, the Chairman meant we won't be raising funds after these (at least for a while). Secondly, the Phase 2 trial was completed. So perhaps we'll learn the outcome in a month or so.
Best wishes.
Arnie
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