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Biotech / Medical : Insite Vision Inc.
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To: David Bogdanoff who wrote (538)11/15/1997 9:58:00 AM
From: Robert Mayo  Read Replies (2) of 1060
 
I don't know whether or not Insite paid to present next week. It's possible. The company desperately needs some attention.

I doubt that Kumar will use that forum to announce a major deal, although anything is possible. Certainly a deal (or deals) could come any time between now and the end of January.

I noticed a remark that Murphy made in his weekend hotline update about reducing CTSLs exposure to the medical device companies. Insite is considered a medical device company. This is one reason Kumar has had so much trouble attracting analyst coverage. The group as a whole is poorly covered. No doubt Murphy recognizes this and intends to back away from the group. Hopefully, he'll stick with Insite at least until the next two deals get announced. I know that this is my plan. After that I think I'll just buy Intel stock and get on with my life.:)

Bob
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