Immunomedics (IMMU) Message Board

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Biotech / Medical : Immunomedics (IMMU)

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To: Josh C. Pleasure, M.D. who wrote (147)	6/3/1997 9:08:00 PM
From: David B. Higgs	of 371

Dr. Pleasure As someone who barely passed high school biology many years ago, I appreciate your translation in laymen's terms the significance of the recent flurry of news releases. Based on your medical and investment experience, your opinion of the meaning of today's pullback would be appreciated. It appears from your post, two things happened today, namely; a positive press release concerning non-Hodgkin's lymphoma and a less than positive presentation on CEA/thyroid cancer. The result was a significant pull back of the gains of the last few days. Is the market so sophisticated so as to incorporate today's presentation into today's valuation? Was today's presentation available to certain financial organizations in advance? Or, was today's drop only profit taking by those who brought in during the last few months when Immunomedics was trading in the low 4 dollar range? Your opinion would be appreciated. Thanks Dave

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