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Biotech / Medical : LIPO-Liposome
LIPO 0.330-5.7%Nov 28 9:30 AM EST

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To: David S. who wrote (538)11/7/1997 12:36:00 PM
From: Marc Bertoglio  Read Replies (2) of 900
 
Probably we should change him or blow his arse away!
Anyway brokers want to sell stocks and so it's logic that the people are more optimistic than pessimistic. But why can in example UBS give LIPO a strong buy and a price target of $35 (not included C-53)?! Why gave Marc Ostro, Ph.D. (who rated this Company for UBS) a strong BUY for LIPO? He should know LIPO better than most people! One Day before the stock crashed the master moved to Kenneth Dart (which owns a lot of LIPO shares) and we will never hear something from him gain.
Strange story, isn't it?

Could it be that the market exaggerate a little bit, as this is known in the biotech-sector? However, IMO LIPO is different from all the other crashed companies like ABTI or AIMM because LIPO has already one market approval and this not only in the USA.

Sales in Abelcet should increase soon because of all the new European markets. What's with D-99? The Company expects to file a new drug application (NDA) with the U.S. FDA in mid '98. Also human clinical trials for TLC ELL-12 are expected to commence in mid '98. Is this stock dead 'till then?

I'm wondering when (or if?) this stock will go up again and how deep this stock must fall before somebody (maybe your new broker?) cries BUY and everybody buys it again!! :-)

no worries!
marc
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