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Biotech / Medical : Advanced Viral Research CP (ADVR)

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To: John Crovelli who wrote (637)8/19/1996 11:13:00 AM
From: Bill Coenen   of 2281
 
John,
I'm not certain that is the psyche of the short term investor who just got burnt. The same fast profit incentive that inspired him in the first place, still runs strong in his veins. If the news is good he'll probably buy more, proclaiming the wisdom of his original decision. As a fellow advr investor my concerns are centered on the difficulties of product development, from which the real profits will flow. This is a heady time but the real challenges to long term success are many and still to come. For those like me who strategize a sell half at some point then hold for the long term, we'll probaly cause the most dips and restarts. Also, if the news is strong, I think there will be a backlash from certain "pros" in both the financial advice and publication business, who like us all, don't like the taste of a facial egg. They'll find down sides to this investment I haven't even thought of yet. Good Luck to us all! Bill Coenen
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