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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: Omer Shvili who wrote (1474)10/29/1998 9:32:00 AM
From: Ariella  Read Replies (2) of 1491
 
I spoke with company yesterday and was told eps were due out Friday, Monday or Tuesday coming. My guess is Friday or Monday since PARS will be making an institutional presentation on Tuesday.

LE-T is not yet in Phase III, but coming soon. More details should be available when Q3 information released.

Company will be meeting next week with reps from BOL about Alrex/Lotemax paperwork for Europe. When Q3 numbers are out, we can expect to see "an upward curve" with relation to scipts for both drugs.

Upcoming road shows include one in Tel Aviv (Robertson Stephens-sponsored, Nov. 16-17) and one on The Wall Street Forum online next Tuesday, November 3 at 9:30 a.m. EST (http://www.wallstreetforum.com/index.htm). The forum is for professional money managers only. Many very big and reputable companies appear there.

It was confirmed to me that the Yediot article in Israel is incorrect about the cost of Phase III trials for HU-211. It estimated $30-$40 million -- I was told the number will be $20 million or less.

Company is concerned that shareholders will take Q3 numbers in negative light by forgetting that sequential quarters from June to September were never projected to be up -- so a reminder to echo others made on the thread: it's normal for a negative comparison now since the June quarter benefitted from the filling of the pipeline for Alrex & Lotemax.

-Ariella
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