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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 (1325)10/6/1998 2:55:00 PM
From: Ariella  Read Replies (2) of 1491
 
Just spoke to the company. They are busy reminding invited media to listen to the conference tomorrow -- working hard, doing the right thing, in other words.

In response to my question as to why investors could not listen to the conference call, I was told that if media realize "regular" people are on the call, they don't write a story because they figure the story is "already out." Checked out response with someone in PR field and was told this is true.

Investors should get a release before the market opens.

The book for Lotemax and Alrex sales for Sept. has just closed and the company will probably be able to report Q3 numbers the first week of November.

The tone of voice on the phone was tired, but hopeful and my sense was that PARS has very good news coming and the hard part now is getting people to listen. It's a small company and we're in a rotten market. And brain trauma doesn't have the "sex appeal" of cancer (a la Entremed). But, as was told to me, they'll keep moving along doing what they're supposed to do. Eventually this work WILL be reflected in the stock price because it will show up on the bottom line.

Needs patience,
Ariella

P.S. By the way, the PARS contact repeatedly called the "event" tomorrow a "press conference." Who calls a press conference unless they have something to say? It was also confirmed that the Wall Street Journal article of last week happened because of PARS' proactive approach to the reporter. Wow, read the posts from last April. This company is definitely getting its PR house in order.
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