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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: Karl who wrote (495)10/9/1997 10:14:00 PM
From: William J. Leiby   of 849
 
Hi Karl:

Welcome!

<<What is the short term vs long term outlook on this company?>>

Short term? Dunno. It may be that the expected colorectal trial completion that was due to end this last 3rd qtr is already discounted in the price of the stock. Note its price appreciation in the last three-four weeks.

Long term? I think its a big-time winner.

1) Colorectal: trials supposedly completed. Should then go on fast-track approval with FDA. Approved sometime late summer '98?

2) Prostate: clinical trials due to start early 98.

3) Breast: one of the breast cancer NMP's due to begin early 98.

4) Cervical: Due to start clinical trials this 4th qtr.

Hope this helps.

Regards,

Bill
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