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Biotech / Medical : Enzo Biochem
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To: len kay who wrote (22)11/14/1996 9:34:00 PM
From: jack rosenberg   of 83
 
TO ALL THAT ARE INTERESTED:
HERE IS THE DEAL
the question earlier was if a large pharmacutical company was buying in.
the answer is yes. Yes ciba geigy and merck are buying in with what i heard was at least 50 to 100 mil on there aids drug that has shown a lot of promise in animal testing and has won FDA approval for human testing .there looking for 24 to 25 by thanksgiving. This morning i heard JERRY WANGER a national columnalist and the author of the NEXT SUPERSTOCK on the radio announce that enzo will be making some sort of announcement either mon or tues and the stock should be 27 or 28.Very interesting stuff and very substantial.My sources are very close to the action and believe them to be very accurate. i bought several dec 20 calls today at $1 a contract its trading for 1 3/4ask 1 1/4 bid now im looking for a windfall good luck all .
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