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

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To: Don Cheng who wrote (1046)6/25/1997 3:11:00 PM
From: I. Luttichuys   of 1762
 
Don, notice that the article and IDPH's and SBH's announcement leave room for hope that CE9.1 may be continued after the cause of the CD4 cell depletion is discovered.
If my source is to be trusted (he is very knowlegable in such technology and his opinion is the reason I earlier announced my decision to sell on this thread) CE9.1 will be completely abandoned. I this happens, we will have another, more negative press release.
The market's reaction may or may not be worse than it was for this last release and the influence of IDEC's being so close to approval for C2B8 may or may not help.
I am a little more pessimistic than when I posted yesterday and, in the near term I do hope we can move up on the influence of C2B8 but, I wonder if Vestor has the right approach at this time.
I think there is a real possibility at this time that CE9.1 will be permanently abandoned.
BENNETT
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