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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Bob L who wrote (1571)6/3/1998 11:25:00 AM
From: Roudy  Read Replies (2) of 1762
 
Rituxan gets European marketing clearance. Full story at this site:
biz.yahoo.com
I talked with IR at IDEC recently. They know of a couple of institutions that have put selling pressure on the stock thus the recent decline. I thought it was short selling, but the recent short interest numbers didn't show any change from the prior month. Sales are in line as indicated in the above press release. All the fundamentals look good here, but the technicals as far as charts go are poor at best.
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