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Biotech / Medical : PTN - Palatin Technologies Inc.
PTN 15.44-7.7%Jan 26 3:59 PM EST

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To: keokalani'nui who wrote (12)1/12/2001 5:42:02 PM
From: scaram(o)uche  Read Replies (1) of 142
 
Chuckle. Yes, I was there. You're just ahead of me. I have "modulation of immune response, do Medline" in my notes.

I have the same thing in my notes that you heard..... 50% of revenues. But, I'm not certain of what was really meant by that. Moot, until and if they get past the issues raised by FDA. It sounded, to me, as if they were saying that the issues could be resolved, but that it wasn't easy or "quick fix".

Prendergast was at Paramount/Aries. We always need to question the motive of those who would make presentations with profit -- rather than success -- as an objective. Teflon. Not saying that this is true of Prendergast, just that extra caution might be called for.

Nonetheless...... my read of Spana was good. This is an interesting company. Need to do more research on Tyco International and their investors.
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