Imclone systems (IMCL) Message Board

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Biotech / Medical : Imclone systems (IMCL)

IMCL 0.159

0.0%

Oct 5 5:00 PM EST

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To: 5,17,37,5,101,... who wrote (102)	5/9/1998 3:08:00 PM
From: Hardware Heister	Read Replies (1) of 2515

I've never watched CNBC. Do we really expect Samuel Waksal to present new information on this channel? I doubt it. The sort of news we want comes in a company release on the wire. I wouldn't watch CNBC if I knew what channel to turn to. The advantage of a feature on CNBC has nothing to do with new news. The advantage is that suddenly the stock has higher visibility among the investing public. I believe Friday's large price move was a result of people discovering the stock. Usually, a feature on CNBC will provide a nice move. If you're in the mood to sell, you should get a nice price late Monday. The volume has lurched into high gear in the last couple of weeks. With only 24MIL shares outstanding, it seems to me that some big shareholders are selling out. If anyone is selling, they're doing a very quiet job of it. The stock has jumped pretty nicely in the last couple of weeks. What more can you ask for, especially the way the rest of the market is trading?

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