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Biotech / Medical : Ribi Immunochem (ribi)

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To: Bill Tomko who wrote (35)4/29/1997 4:22:00 AM
From: tim quane   of 92
 
Bill From your earlier post I have found out that two orders totalling 250,000 shares were sold to a market maker who turned right around and sold them for a total of 500,000 shares. Probably no big deal. The company now says that it will file for an n.d.a.(for melacine) in canada in May. Also the annual meeting is today April 29. I expect some good hype and lousy earnings. Finally I am going out on a limb and will predict the stock will double by the end of the year.
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