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Biotech / Medical : IMMULOGIC

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To: Bosco who wrote (179)	6/27/1997 1:20:00 PM
From: Xingbo Wang	of 305

This is the most frustrating stock I have owned. A very slow death. Well maybe not death, but certainly not much life in there. I put more money in this stock than any other, thinking that it is way undervalued. While I still think it is undervalued, I also think it will remain undervalued for a long long time. So I sold 80% of my holding this morning at 3 1/2. Had I hesitated a little, I wouldn't have gotten that price. I need to put the money where it can earn a positive return. I may buy back the 80% in 18 months, and odds are that I will pay less than 3 1/2. Good luck to all! Xingbo

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