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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: yosi s who wrote (1307)9/29/1998 1:12:00 PM
From: Ariella  Read Replies (2) of 1491
 
Yosi -- I have to admit I cannot figure out what you are saying.
The "delayed" news release to which you refer must be the one that will accompany the paper in Seattle on Oct. 7. I wouldn't call that delayed because it's not due till next week.

However, today's release of information via Dow Jones is totally unexpected. The info about the meeting is given on the webpage for Pharmos and was covered in yesterday's WSJ article. Why repeat? The difference is that we're told about phase III trials taking place in the USA.

If this is not a deliberate attempt to "leak" a good result for the unblinding, then it is an unconscious one. If the results were bad, and the stock tanked AFTER shareholders had just been told the drug would go on to last Phase of trials -- that would be rather odd, wouldn't it?

My read is that good news is on the way next week.....

Ariella
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