IDPH--Positive preliminary results for pivotal trial of ID Message Board

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

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To: I. Luttichuys who wrote (1045)	6/24/1997 11:27:00 PM
From: guido leone	of 1762

I am sorry for all those that are long today but I have been waiting for this opportunity. I think i will try to buy some IDPH over the next several weeks at about the 20 to 21 level and I will buy some puts with it to protect my position. I think todays announcement is only a small setback for this stock. I am expecting this stock to trade above $30 by the end of this year and maybe even hopefully by July 25 when the big announcement is made. I think the stock held up quite well today. I thought it would be lower after I heard the news this morning.

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