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Biotech / Medical : IMMULOGIC

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To: J Bertrand who wrote (220)	11/26/1997 8:20:00 AM
From: Paul Getman	Read Replies (1) of 305

Hi Jeff, Of course I remember you and our correspondence on AOL. You're right about biotech investing being a crapshoot. IMUL's credentials were stellar, they had great partners, and they seemed to be doing everything right. I guess we didn't appreciate just how few biotechs are successful in bringing products to market. I just have to laugh about ORG: they're apparently still conducting their secret Phase III trials for Appligraph and it doesn't seem to bother investors one bit that their "expedited review" will soon be going on 3 years! Hope springs eternal. Like you, I've turned my attention to the semiconducters and I find this board extremely useful. Paul

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