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Biotech / Medical : CRIS, Curis (formerly CBMI)
CRIS 1.150+2.7%12:25 PM EST

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To: george who wrote (94)11/11/1997 11:10:00 PM
From: aknahow   of 668
 
Its always a matter of supply and demand. While one hopes good news will create more demand that is not always the case. Institutional holdings are already ignificant trthis co so any new increase in demand must overcome sales by existing institutions. There are only a limited number of funds that will be interested in a biotech without earnings. The p.r. for CBMI is poor IMO and this makes it difficult to interest the general public. See XOMA for a co of comparable size for wha can be done. And even whe it is done its difficul to see the results. Xoma lacks the institutional support. Similar caps, similar "platform" strategy. Own both. xoma.com
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