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Biotech / Medical : AutoImmune-AIMM

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To: Joe Reich who wrote (176)7/28/1997 9:08:00 PM
From: Zeev Hed   of 298
 
Joe, it seems that that is exactly what happened. Yet, depsite the volume contraction, the stock stubornly refuses to break 2. The way I see it, there is some news brewing somewhere, someone must have had a very early inkling of that fact and that cause the sudden burst few weeks back. If I am right, a second wave should occur shortly, but do not ask me when.

I still think that this stock is selling at a discount to cash per share ($2.65/share) and no value at all for the technology and the various alliances created. Yet, there is a non zero probability that the whole approach of oral tolerance, may not work, and then the cash will rapidly dissipate.

Zeev
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