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Gold/Mining/Energy : Nuvo Research Inc

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To: DaveAu who wrote (8532)	1/28/2002 10:12:25 AM
From: Joe Krupa	Read Replies (1) of 14101

Dave, I know a few people have speculated that the Oxo results are less than stellar, due to the delay in getting the results out. However, I would strongly concur with Jim Kayne & Wolf, that nothing speaks louder about the phase III results than the fact that DMX announced their intention to buy Oxo as soon as the blind was lifted, then announced several months later (after doing their DD) that they were going ahead with the deal. I think Rebecca's comment in this morning's NR adds credence to the belief that the phase III numbers are good. "We expect the realization of these events to provide us with the funding to not only expand the product opportunities utilizing our transdermal platform technology, but also to develop the tremendous product pipeline potential which the acquisition of Oxo Chemie AG will afford us." joe

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