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Biotech / Medical : Neopath (NPTH)
NPTH 0.0006000.0%Mar 7 3:00 PM EST
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To: E.Elliot who wrote (17)6/17/1997 7:47:00 AM
From: bazan   of 178
 
EE,

Just bought this stock yesterday at $20. For what it's worth, a source tells me that an announcement was to be made yesterday (monday) regarding a substantial contract in excess of $150 million. Needless to say the annoucement never materialized but the stock did spike late in the day. After reviewing the numbers in past qtr's the co. never saw revenue in excess of 2.5 m, so this info could be BS.

Do you think it's possible for a substantial contract signing without FDA approval?

Thanks for your thoughts.
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