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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 (1030)7/16/1998 4:55:00 PM
From: Rick Strange  Read Replies (1) of 1491
 
Ariella,

Yes, Net usually means after everything is deducted but they go on to say that a portion would be used to recoup prior advances from BOL which makes me wonder about the 9%. Maybe if anyone talks to the company they can ask?

I agree with your comments about the important numbers being Rx income which we won't start seeing until the third quarter. It is reassuring to start to see Lotemax and Alrex making it's way onto various formularies such as Washington State. Too often we focus upon detail people making office sales calls and forget about the 75% of the iceberg beneath the waves...getting on HMO and State repayment scheduals.

I don't really have any comments about today's trading activity. Even at its 52 week high PARS was way undervalued so each drop in price represents an oportunity in my eyes just based upon the value of Lotemax and Alrex. LE-T and HU-211 are freebies.

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