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Biotech / Medical : Cel-Sci Corp (AMEX:CVM) (was HIV)
CVM 6.170-1.8%Nov 20 3:59 PM EST

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To: dwight martin who wrote (2180)10/12/1998 7:17:00 PM
From: fmrick  Read Replies (1) of 2836
 
Just a quick comment about todays volume. I checked with several sources and was told the early volume came from Europe. There was one trade of about 100K shares and another for about 50K. It is thought these were used to cover sales on the Berlin exchange.

From sources I learned that a news story is being prepared about the company by a European news service, I think it is The French News Agency. I was told they requested and received detailed information about the company. They talked to the CEO and the IR rep last week. I do not think the story has been written. I was told by one source that this will be more just a mention. It is also my understanding that the company has hired a European PR company to handle releases over there. It seems that many of our future releases will involve things in Europe.

Putting this all together, it seems we may have some buying in Europe based on someone's knowlege that the story is being written or that news will be coming soon. Whatever the reason, new buyers and news is just what we need.

I think things are looking up.

Rick
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