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Biotech / Medical : Aphton (apht)

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To: rocket who wrote (57)3/9/1998 5:59:00 PM
From: rocket  Read Replies (1) of 95
 
mason630---Another banner day for the stock. Up impressively on good volume. I think the biotech sector in general is getting some institutional interest and when Wall St. finally figures out that Aphton will get a much higher percentage of profits/sales than any other biotech that has alliances with large pharmaceuticals, the stock will become even more attractive. Many biotechs have high burn rates as they devlop promising compounds and need alliances to provide them with up- front money since they have no revenues. The price they pay is that they often settle for miniscule amounts of sales or profits (5% to 20%, at best). Aphton, however, has had a very low burn rate and have been able to fund themselves adequately well with equity offerings. Therefore, when it came time for them to negotiate over Gastrimmune, they were able to negotiate from a position of strength. The result? APHT will get over 50%. Ultimately this will be extremely nice for shareholders. Keep in touch. Karl
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