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Biotech / Medical : AutoImmune-AIMM

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To: tom jones who wrote (122)5/19/1997 11:36:00 AM
From: Dr. John M. de Castro   of 298
 
Positive results are the only thing that will move AIMM back up again. Right now, AIMM is selling at cash. That means that the market is valuating their technology at $0. The failed myloral and coloral trials have completely undercut the markets perception of the value of oral tolerance. For the stock to move up. The market will need evidence that there is any value at all in oral tolerance. The one short term hope is for positive results in the third coloral trial. The results are expected in July. Till then I'm not expecting much. But, I'm still holding. It's pretty much bottomed for the moment and who knows what will happen in the future.

John de C
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