Insite Vision Inc. Message Board

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Biotech / Medical : Insite Vision Inc.

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To: Ron Oda who wrote (662)	3/12/1998 10:25:00 PM
From: Robert Mayo	Read Replies (1) of 1060

"...if the price rises after an announcement, there will be some selling by CTSL members and others that have been holding, but an announcement means new investors too." There's a lot of pent-up demand to sell INSV. I suspect this will keep a lid on the stock price after any announcement, for a while anyway. Lots of disgruntled former CTSL subscribers are just waiting to bail. I thought about doing that but have decided to wait. If Insite pulls this test kit deal off, a lot of the risk will be gone from the stock. In addition to an injection of cash from any partner(s), the kit should also produce a revenue stream well into the future. I figure if I sell at $5 or $6 I'll be leaving a lot on the table. So I'll just wait. Murphy's price target of $30/share may be rich, but the high teens seem a reasonable target. Bob

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