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Biotech / Medical : Nortran Pharmaceutical -NRT.V

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To: Jon Smith who wrote (359)4/4/1998 3:27:00 PM
From: ASHLEY5  Read Replies (1) of 1185
 
Based on discussions with James King Investor Relations I don't think there is much doubt that a licensing deal is forthcoming very soon albeit he did not (and cannot) unequivocally state this.

There is just no way the VSE would ask them to issue the release they did the other day unless something was imminent.

The widespread purchasing and Maedel's newsletter all but confirm the deal is going to happen and very soon.

At that time the stock will run to just about $3.75 - $4.00 and then settle back a bit until Phase 2 trials near completion.

This coming week is going to prove very interesting. The IR people are downplaying the activity because they want a big move once the news is released.
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