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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: Rosemary who wrote (425)8/4/1997 12:16:00 PM
From: Andrew H   of 572
 
Hi Rosemary. Sorry to hear these results. Henry is correct that this is NOT good news for the company. There is not statistical significance which is what the fda will require for approval. The results are somewhat ambiguous and the company has done its best to put a positive spin on this, so the price has not collapsed as much as it might have.

IMO, at best they will be forced to do another expensive P3. There will be a LOT more time and money involved. As one who advised extreme caution with the options, I suggest watching closely and getting the best price possible, getting out and putting your money elsewhere. Regards and best of luck. Be interesting to hear what Biowa has to say.
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