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Biotech / Medical : Lorus Therapeutics Inc.

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To: trustmanic who wrote (153)5/11/1998 7:54:00 PM
From: Carter Berezay  Read Replies (1) of 279
 
George, re BNC!

I plead ignorance about BNC. I have never followed this stock.

Looking at the chart I see BNC suffers from a lack of sales volume. If you buy in, you may not be able to get out at the price you ask for.

I don't see any news from the company. Maybe it doesn't have any?

The low price may be due to a large dilution of ownership of the shares.

I have never bought a stock just because the price was low. BNC better have a story because biotechs live and die by the events they have happen in their history.

My thoughts, buy more IMT. It will double with its current story far sooner than BNC will with no story.

Hope this answers your query?

Carter B.
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