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Biotech / Medical : HEB, Hemispherx Biopharma (AMEX)NEW

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To: MarcG who wrote (37)11/12/1997 11:09:00 PM
From: Gerald Underwood  Read Replies (1) of 857
 
Marc,

Interesting bit of news turned up in HEB 10Q just released for qtr ending 9/30. Under recent developments, it seems that HEB made
two private placements of ttl 4,840,000 shrs for $10,005.000. in October 97. Ever wonder what happened to the stock price during October? However, in spite of this dilution, stock price still
shows remarkable strength even during general market paranoia and company selling off stock for half price.

Biotechs are taking some hits.

Regards,

Gerry
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