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Biotech / Medical : Alteon (ALT)
ALT 4.280+0.9%3:06 PM EST
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To: The Gambler who wrote (253)10/5/1998 10:27:00 AM
From: Bill Tomko  Read Replies (1) of 318
 
I wondered the samething. At 2.~ it is basically an option with a infinate expiration date. I doubt if any thing will move this stock in a meaningful way prior to the phase III data release sometime in the next 30 to 90 days. Anouncement of continuation of the ESRD trial and progression to Phase II for thee cross link breakers would certainly help. I'm basicaly going to sit tight until I see some more data; however If it got to $1.~ I would probaly be a moth to the flame and buy some!
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