Pharmos (PARS) Message Board

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Biotech / Medical : Pharmos (PARS)

PARS 2.700

+13.6%

Jan 21 4:00 PM EST

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To: arnie h who wrote (993)	2/10/2000 1:39:00 PM
From: Jesse Schulman	Read Replies (2) of 1386

Arnie - I admit defeat. My considerable investment of time and effort on following Pharmos up-close-and-personal has so far left me completely without a clue what these guys are up to. I'm glad they've raised some money. With product sales to cover most of the burn, it's probably even enough to finance the P2/3. In the long run I'll probably be glad they did so with off-the-shelf shares rather than one of those ludicrous royalty deals where Big Pharma gets the gold mine and the R&D folks get the shaft. And hey, with 45m shares out, what's another three million among friends? And of course I'm glad the price has improved so much in the past few weeks. But for the moment Mr. Market seems to share my unease, since the news that's long been heralded as Spike City has thus far produced nary a blip. Not a stock for the impatient. itss

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