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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: Ariella who wrote (1353)10/9/1998 6:07:00 PM
From: David Israel-Rosen  Read Replies (3) of 1491
 
Dear Ariella:

How did we ned this week at $1.5 and not $3.0 ?

I would like to post my own observations on this.
With Ariella, Yosi and 2 others we own about 5% of Pars !
I added to my position last week...
I was buying late today...That means that I believe in the PARS story...
So what happened ?
The market hysteria does not explain how the news was totally ignored...and actually led to down movement...
In my view its' all relates to communication...or lack of CLEAR communication...

What is so difficult to communicate is beyond me. Why did Pars PUSH 26% reduction in mortality which was not STATISTICALLY SIGNIFICANT and NOT reduction in PRESURE that was Statistically Significant is beyond me...

The PR Guys at both PARS and the PR Agency were busy keeping people off the news conference and ended up issuing WEAK , release while getting no one worthwhile to tune in...to the CALL (Excluding OMER SHEVILI...)

I will be in Israel this coming week and intend to talk to prof Aviv whom I copy on this note.

I am an angry shareholder which likes the PARS story but hates the way the STORY is being Told

Please take issue with me, this is about fixing the situation and not about venting !!!
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