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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: Rick Strange who wrote (1188)8/27/1998 2:43:00 PM
From: Ariella  Read Replies (1) of 1491
 
Dear Rick -- funny you should ask. PARS is incorporated in Nevada and has, courtesy of that state, an arsenal of poison pill strategies to combat a hostile takeover. I think many biotechs do this -- after all, they do all the development and don't want to be bought up cheap by some cash-rich pharmaceutical.

The issue is addressed in the March S-3.

Wow, some market in general. Someday I'd love to learn how to play both sides of the street -- long and short.

Take care,
Ariella
P.S. Two folks on the Yahoo thread, Yosi, a friend of mine from NYC, and I will be an annual meeting. Is anyone else planning to be there from the SI thread?
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