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Biotech / Medical : IMMULOGIC

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To: Paul Getman who wrote (219)	11/25/1997 5:31:00 PM
From: J Bertrand	Read Replies (1) of 305

Paul, It's good to hear from you. I don't know if you remember me from the AOL thread or when we talked at the IMUL shareholder's meeting, but I appreciate your comments. I sold the balance of my holdings today as the allergy program was my real interest. I fully agree that the company is basically worthless now. Their programs are years away from being anything and I personally don't want to go through that roller coaster again. I had been holding this stock since 1994. I know that this is a short time in the life of a biotech, but all the meetings at IMUL have taught me that you just can't predict who is going to have a successful drug and who is going to end up in the scrap heap. Remember the Org debate. Well, the "safe biotech" which was supposed to be IMUL is trading in the $2 range and the biotech everyone was shorting (Org) is in the 29 range. This business drives me nuts. I am more interested in companies like Applied Materials...real earnings solid growth. This industry is too much of a crap shoot. I paid big tuition to learn this lesson. Take care. I really enjoyed your great posts on AOL. Best wishes. Jeff

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