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Biotech / Medical : ABTI Alpha-Beta Technology

ABTI 0.200

+99,900.0%

Jun 17 12:34 PM EST

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To: Cacaito who wrote (341)	7/31/1997 2:33:00 PM
From: gaddis	of 572

Cacaito, It would appear that our styles aren't so different after all. I was buying when ABTI was under pressure earlier this month and sold into this recent upsurge. I will wait until Phase 3 results are out to decide whether to re-establish a position. In discussing prior clinical results, I wasn't trying to make you an ABTI "believer" as Phase 2 results can really only determine whether further clinical testing is warranted. Nevertheless, I think it is important to learn how to "read" a clinical report and see if a particular company is upholding a rigorous scientific standard and see how subsequent clinical trials will be tailored. If ABTI can demonstrate strong data, I think we may see good price appreciation due to the wide-spread belief in the FDA's acceptance of the superior design of the Ph.3 clinical trial.

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