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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID
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To: I. Luttichuys who wrote (774)4/29/1997 7:37:00 PM
From: Brad C. Dunlap   of 1762
 
HI Bennett, the Today show has been tentavely been rescheduled for May 5th. I got my annual report today and believe that it reads well. Idec had positive cash flow for 1996 excluding the proceeds recieved from the secondary and some purchases and redemptions of short term marketable securities. Not to confuse everyone but if these transactions are included the cash flow figures are better but not a good indicator of mangements ability. All being said ,very impressive for a biotech with no products on the mkt.
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