SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Centocor ( CNTO )
CNTO 0.000010000.0%Mar 7 3:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FNS who wrote (463)12/20/1997 12:59:00 PM
From: Pancho Villa  Read Replies (1) of 965
 
FNS: >>All kidding aside, Pancho is no doubt very unhappy about this situation and probably tied up with other things! But I'm sure we'll hear from him with some financial comments.<<

Hi! still on the boat! actually was planning to increase my position by 50% by selling my LLY but I am overseas and do not have the time/ resourses to carefully analyze the situation. Which brings me to my rule #1 in investing... The best action in the presence of incomplete information/analysis is to hold. Actually for CNTO my impulse was to buy not to sell. May get around to buying next week particularly if it goes under 30 again.

The company fundamentals are good, the market cap however was at a level that the stock could not absorb any bad news. Good news will come. The night before our trip we had dinner with a friend (neurologist) participating in the Reopro trials for stroke treatment and she was extremelly impressed with her limited view of things. On the IPIC drug (the one they just introduced for approval) her opinion is that the drug is not effective does no good but does no harm either. let's see if the IPIC lobbying machine will be capable of pushing an ineffective drug through.

Regards,

Pancho

PS: the info on Reopro trials must be taken with caution. For one thing I have no idea on time frame for stroke use approval.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News