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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: Ariella who wrote (902)6/12/1998 12:55:00 PM
From: Zvi Steinberg  Read Replies (2) of 1491
 
Ariella,

Post #891 specifically referred to this purchase (I didn't want to mention name or number at the time). These are very positive actions by Pharmos management as they help to enhance shareholders confidence. Dr. davis point is well taken. Tony, There are assumptions and expectations built into these estimates, so we can not necessarily assume there will be no further dilution, but we have good reason to hope so.
I too am very confident we'll find a partner, ariella. I only hope I had more free cash to buy mor shares at these levels... They won't last for long.

best regards
Zvi
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