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Biotech / Medical : ADVR - Bulls no Bears

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To: Kingfisher who wrote (846)	10/8/1997 12:26:00 PM
From: garden_man	of 913

To all: Today, Wednesday, October 8th, we phoned Dr. Hirschman to firm-up the date of the follow-up meeting we had planned for during our June visit to the ADVR Yonkers laboratory and office facility. Unfortunately, due to several trips that he has planned and other commitments, Dr. Hirschman will not be able to host us until late November. Since we had the opportunity to talk with him for about 5-minutes we were able to inquired about a few items of interest and these are some of his comments. When we asked how things were going in general, he referred us back to the shareholder letter he mailed earlier this year [January?] and said that every facet of that letter has been implemented or is in the final stages of being implemented. He said "this is a real company now!". "It isn't as it use to be." We ask if the lab and office staffing had begun. He said "yes". We then asked "with scientist?" and he said "yes". We then questioned him on the recent SEC filing (SB-2/A) and he remarked that there is no time frame in which the SEC has to approve the filing, but expects it to be approved shortly. He sounded very upbeat, seemed to be looking forward to the combined business/vacation trips that he has planned and once again emphasized the fact that ADVR is now a "real company". We suggested that we come down to visit in late November and we said that we will follow up with him in Mid-November to schedule the visit. Joe Scotti and Sal Santaniello

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