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Biotech / Medical : InterMune (nasdaq)ITMN

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To: Secret_Agent_Man who started this subject9/14/2000 4:33:04 PM
From: IRWIN JAMES FRANKEL   of 508
 
The Street.com is at it again touting the lockup end for ITMN.

thestreet.com

"Better yet, there's InterMune Pharmaceuticals (ITMN:Nasdaq - news), which is developing drugs for osteopetrosis and cystic fybrosis, among other ailments. The stock coasted to $47.87 in July, well above its first-day close in the $32 range, and as the chart shows, stubbornly refuses to drop much below $40."

I keep getting the feeling that they would like to generate some shorting of ITMN going into the end of the lockup. This is the second article mentioning ITMN which seems odd for a stock that is not on the radar screen.

The lockup does end 9/20 for about 8.4 million shares.

ij
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