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Biotech / Medical : IMNR - Immune Response

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To: John Stopforth who wrote (15)12/12/1996 1:07:00 AM
From: Carlos Fung   of 1510
 
Sorry John,

I haven't able to follow Imnr as closely as I should. I am in DATARACE at the moment, ticker symbol RACE in the communication thread. Check out their graph, I made over 70% return there in just 5 months and I expect the stock to go even higher.

Regarding IMNR, I noticed lately that alot of the biotech stocks have been going up lately, like Centocor (CNTO), Biogen (BGEN), Chiron (CHIR) and so on... even in up and down market. I think if you want to play IMNR for 1-2 points, I would suggest getting it around 6.5 and selling them around 8.5 (that's the trading range that I have noticed lately). Check out the chart for Centocor (CNTO) going back around a year or 1 1/2 or so, and I think you would see that it was down for awhile and now is trading pretty high. Maybe this is also IMNR pattern, down in the single digits now but might be up in the 20's soon.

Have you owned IMNR for a long time or is this the first time owning the stock ?
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