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Biotech / Medical : Neurobiological Tech (NTII)
NTII 0.00010000.0%Dec 26 9:30 AM EST

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To: diablo who wrote (198)12/10/1997 4:32:00 PM
From: Dr. John M. de Castro  Read Replies (3) of 1494
 
I suspect that the selling reflects an expectation that NTII will be delisted from NASDAQ along with some tax loss selling. There is no news driving this. As John Dwyer posted earlier, they are out of compliance with the NASDAQ listing requirements.

We should be hearing results from the Memantine for Neuropathic Pain Phase II trial in January. So, if they can remain listed till then, positive results should buoy the stock and allow for a decent scondary. I'm a true believer in memantine, so I intend to stay long regardless of their listing status.

John de C
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