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Biotech / Medical : ALTAREX CORP. (TSE: AXO)
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To: bradjohnson who wrote (233)7/20/2000 7:49:01 PM
From: DaveAu  Read Replies (1) of 274
 
Brad,

I don't follow charts. I'm holding this one because it's cheap compared to other biotechs (I hold a number of biotechs) at this stage. They've had good results from thier lead product. It's safety is pretty much proven having been used by hundreds of patients. The existing treatments are ineffective and there are not a lot of companies focusing on ovarian cancer. On the negative side, they have a high burn rate, little cash, and a potential partner walked away after doing DD last year.

Dave
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