Harvard Scientific (HVSF)Hot$$- male impotency medicine Message Board

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Biotech / Medical : Harvard Scientific (HVSF)Hot$$- male impotency medicine

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To: Afaq Sarwar who wrote (2777)	1/18/1998 9:40:00 PM
From: sly-1	Read Replies (1) of 3906

Afaq - good points - EXCEPT that the order of the news releases WAS put into a very favorable order for the W&S financing - all positive news AFTER the 10 day averaging period when the stock was at its darkest hour. While it is true anyone of us could (and did in some cases) buy the stock at .30+, had we known about the "good fortune" news releases pending, then we surely ALL would have acted - just like W&S - except we did not have the same priviledged knowledge. And for those of us that have averaged down from2.00 to 1.50 to 1.00 to .50 etc it is hard to keep "going to the well" abscent some good news. And while there is no apparent discount in this round of financing - they did get the advantage of a significantly, perhaps manipulated, low ball pricing basis. Remeber that when Waite became CEO etc the stock was above $1.25 - about wher it is now - but the financing did not come abount until the depressed stock valuation. The true test (and valuation) will come in how management proceeds to use funds and the SPEED at which we progress to Phase II/III trials. And by the way, why isn't HVSF pursuing non-US (ie Mexico, European, etc) approvals which are much easier to obtain? At least then we could get some sales and $$ into the corporation - like Zonagen, etc prior to US approvals. I guess we'll just have to "Waite and See"!!!

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