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

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To: Don Cheng who wrote (250)12/17/1996 6:25:00 PM
From: Brad C. Dunlap   of 1762
 
Hi Don, your post is very accurate and in reallity SKB's recent sale is of very little consequence when looking at the big picture. SKB sold a chunk of stock last year at this time and with the amount of $ that they have committed in r&d makes this sale look prudent. Why not take some money off the table when the real return on investment will come by SKB selling the drug. The fact that the results from phase I and II have been very positive and SKB reaction has been very consistent, which is to take some $ out of the mkt does not bother me at all. I will admit on the surface and to the public it can be interpreted in a negative slant.
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