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

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To: I. Luttichuys who wrote (146)12/2/1996 6:55:00 PM
From: Brad C. Dunlap   of 1762
 
Hi Bennett, I still have not received my abstracts from the ASH and it wouldn't surprise me if I'm one of the unlucky individuals that has to pick up my copy at the conference. Eric Hecht had a few words this morning and basically reiterated his strong buy rating and expects positive data on C2B8 that will be released at the conference. The stock has been behaving much better but we still have a tremendous amount of selling that continues from one market maker. This market maker sells with reckless abandon and I really thought that their selling was completed up until today. Oh well, eventually they will run out of stock. I do believe from a technical point of view that it is important to break higher then the previous 27 3/8 intermediate high. If I hear of anything of importance I sure will let you know.
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