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Biotech / Medical : Alfacell (ACEL)

ACEL 11.54

-0.9%

Jan 16 9:30 AM EST

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To: Tom DuBois who wrote (1407)	6/23/1998 10:05:00 AM
From: Greg Kevorkian	Read Replies (2) of 1533

First, all the data that has been generated has to be computer analyzed, journals entries from the patients on side effects have to be compiled and analyzed and it all has to be put together. Though the trials are randomized there is a lot of info that has to be looked and and evaluated. P1 data and P2 data was good and there is no reason to believe that P3 should be any different. Tom D why are we at 3 bucks. Basically this company is a well kept secret. There are Oncologist that don't know about Onconase, I know that for a fact. There are many institutions that don't know about Alfacell. Plus at this stage of the game, why invest at $3 not knowing the data when you can wait a few more months and see what the results are, and invest with much less risk. It is the same with an agreement, any large company will wait to get the data results before signing an agreement, and if the data is good we are in a stronger position in the negotiations. If I were confident about the data, I would be silent myself. This is just my opinion. 2 more months will tell the story, at that point we will know who is right and who is wrong.

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