INHL - Inhale Therapeutics - Pulmonary Insulin! Message Board

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Biotech / Medical : INHL - Inhale Therapeutics - Pulmonary Insulin!

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To: James Silverman who wrote (56)	12/22/1997 3:36:00 PM
From: Rick Costantino	Read Replies (1) of 225

James, I decided to get back in INHL today. I have several reason for doing so at this time. (1) (by far the most important reason) I think the technology is very promising, and there are many drugs intrials for which they would get royalties- in particular, phase III for insulin is an impressive milestone. (2) I am doing some tax loss selling so I have cash (3) I am thinking there may be a biotech rally, e.g., Jan effect. (4) INHL has been weak, but seems more stable lately. (5) Has support at $25, very strong support at $24, so I doubt it will get much lower. 1998 should be an interesting year if any results come out for the insulin trial. I will continue to look to buy on weakness, but I expect soon we could be back over $30. Rick Costantino

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