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Biotech / Medical : Antex Biologics (ANTX)
ANTX 1.090+2.8%Nov 28 9:30 AM EST
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To: Amigo Mike who wrote (652)1/8/1998 9:26:00 AM
From: Jim Reome  Read Replies (1) of 1476
 
Hi Mike:

I have been involved in 6 or 7 reverse splits over the years. One made it.

I am not disagreeing with you but would rather look at the quality and potential that ANTX has as is it right now. We are very close to some significant trial results. Those results could propell price in my view. The class of companies and entities that ANTX is involved with (Exception Blair) is significant.

Hopefully we can look to a better PR approach. I believe ANTX needs to do a better job in this area to keep investors informed.

Most investors tend to shy away from the reverse approach from my experience and without a good thorough PR to keep investors aware then the reverse would not be a good option. Just my thoughts.

As you know I have the same investing approach as you when it comes to ANTX and it has been very successful for me to date. I totally believe that this year will be a rewarding experience for investors and that our days of under a buck are diminishing. It was fun when it was available in the 50's and 60cent level. Funny thing it was not that long ago. Seems to build a new floor with each wave. Good news this quarter will set the stage for the remainder of 98.

Best regards,

Jim.
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