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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Brad C. Dunlap who wrote (959)6/5/1997 10:05:00 PM
From: I. Luttichuys   of 1762
 
Well... I appreciate our discussion. I also am continuing to examine what information I have and, as you know, I am in calls now. They are very close to being in the money now with only 1/4 left to go. If I get in good enough with these I believe at this point that I will excercise and be playing somewhat with house money.
There is a contradiction between different pieces of information I am coming across and this is troubling but I am becoming more comfortable. My GCR position (which is where I parked my IDPH funds) is doing rather spectacularly and this combined with what I could realize with the calls and a little luck, could put me back in with some advantage.
I will continue to examine what leads I have and with what you are able to provide, I may be moving myself (and some others) back in. I recommended GCR to park these funds to some others who also, on a percentage basis have done well. Hope it and the calls hold up.
BENNETT
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