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Microcap & Penny Stocks : Pharmos(PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST

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To: arnie h who wrote (888)6/7/1998 11:19:00 AM
From: Zvi Steinberg  Read Replies (3) of 1491
 
Arnie and all:

Here is some news I just received regarding Pharmos:

We will see in the next 10 days another filing by a member of top management to buy additional shares. Management continues to hear displeasure of certain directors lack of ownership. There are two large firms that are looking for coverage of Pharmos. Bob Cook held several discussions with large, well known Wall Street firms who are willing to provide financing (if necessary, depending on a HU-211 deal no later than September) given Parmos successful perception as a company that can get drugs approved. BOL are actively advertising for both Lotemax and Alrex (see also Dr. Cappiello's post in this regard on Yahoo). BOL are finalizing details for the launch of both drugs there.
Pharmos will be speaking at a Bio conference June 15 (I think Ariella mentioned this a while ago).
Gwynn Crosson, Pharmos IR/PR rep is doing a great job and is very active getting information out.
Hope the stock manipulators will leave PARS and go elsewhere once a significant event takes place to change the outlook for the stock such as HU211 partnership and/or very good sales of Lotemax and Alrex.

Best regards,
Zvi
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