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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: .Trev who wrote (534)11/2/2000 10:53:28 PM
From: tradermike_1999  Read Replies (2) of 74559
 
A few months ago the CEO of AVXT was on CNBC Powerlunch and was forced to answer that when asked by Bill Griffith. You can probably dig up the interview on the CNBC Powerlunch archives. Anyone who thinks AVXT is a good investment should read the report by the Australian doctors about their research and test "results". Notice in the Interview the CEO admits he never knows when they will have any revenue - thats because they have no target date on when they can sell their vaccine in a real market. Its all bs. They just release press release after press realse. Here is the reality:

CEO INTERVIEW
cnbcdowjones.com

afr.com.au

You'll have to ask for them to send you the originial article, here are some quotes:

"Just two months after the press council ruling the biotech
company and public relations firm Hill & Knowlton
generated a similar round of enthusiastic coverage, sparking
outrage among melanoma specialists. While the positive
publicity continues to provide sporadic boosts to the share
price, doctors are concerned that vulnerable patients are
being offered false hopes."

You'll have to use the above link and ask for the article be sent to you - they only keep articles up to 3 weeks on the website. Anyone who thinks this company is a safe place to lose their money is a real fool.
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