BJCT-BIOJECT-needle less injection product Message Board

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Biotech / Medical : BJCT-BIOJECT-needle less injection product

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To: geewiz who wrote (284)	7/30/1998 12:40:00 AM
From: Marc Kahn	Read Replies (1) of 534

Hi Art, I've never heard of Sanofi or Carpujectr. Is this a jet injection technology, or what? We sure have been fighting a lot of supply of our shares in the market. I suspect that this is more unloading by Paramount / Aries, of both converted warrants and other shares. Considering the size of the blocks being sold and the duration, it looks like they are liquidating their entire position. What a dumb move, to sell into such good news (Merck and GeneMedicine) and ruin the party for all of us, and shoot themselves in the foot as well. But, I guess no one ever went broke by selling at a profit. Eventually, the supply will dry up, but I'm afraid that some technical damage has been done. We'll probably need to do some base building and wait for some really good news to get going again. The company is in the best position that it has ever been, while the stock price is languishing. Where's the justice in that? Regards, Marc

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