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Biotech / Medical : LIPO-Liposome
LIPO 0.410+10.2%Nov 21 9:30 AM EST

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To: Pierre-Yves Loriers who wrote (552)11/27/1997 12:02:00 PM
From: Michael Young  Read Replies (1) of 900
 
<<UPGRADE COMING........UBS SECURITIES!!!!>>

UBS investors have lost untold millions on LIPO thanks in large part to the fanatical bullishness of Marc Ostro.

As many probably recall, he left UBS the day that Ventus died. Ken Dart unexplicably hired the man after Ostro convinced him to buy 20% of the company, costing Dart at least $100mm. Now Ostro is at KPMG Peat Marwick.

I doubt UBS investors have much taste for LIPO in their portfolios at this point.

MIKE
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