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

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To: I. Luttichuys who wrote (140)12/1/1996 8:55:00 PM
From: Howard Henick   of 1762
 
Funny, but Xoma is my favorite stock; even more than IMGN.

I still think IMGN's technology is worth a lot more than the market is saying; especially when compared to similar technologies like IDEC. I think the market is simply more comfortable with IDEC because it has corporate partners. Once IMGN gets corporate partners and its survival assured, watch out. After all, while Xoma and IMGN are well off their highs, all biotechs are down, including IDEC, now trading 10 points off its highs.

Good luck - Howard
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