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Biotech / Medical : ATIS is on the move!
ATIS 0.1000-47.4%Apr 14 5:00 PM EST

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To: Bruce L who wrote (2144)12/29/2000 11:50:16 AM
From: Gary Stern  Read Replies (1) of 2205
 
You are either a believer - or you ain't. For me, the only question is what has happened (if anything) that has changed the fundamental reason I own the stock. The simple answer is - NOTHING. Except, FDA approval of DG is imminent. I believe there is a reasonable possibility that we will hear about a "heart patch" partner before approval. Approval will then be a greater catalyst for upward momentum.

My elves tell me that the insiders have big time stock options at an $8 strike. At the moment they are under water. I believe the insiders will do everything within their power to push the stock price to a point where the options have real value. Also, don't forget that in March the super face cream is to be rolled out. From my information a "very favorable" royalty has been negotiated which will go a long way to put the company into a profit picture when combined with milestone DG approval payments and ultimate sales.

If you are looking for more confirmation check out the steady rise in institutional ownership. Its not that the "big boys" can't be wrong, it's just that I'd rather be in the company of the pro's.
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