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Biotech / Medical : ICOS Corporation

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To: h.l. meeks who wrote (574)11/20/1998 1:10:00 PM
From: Lel H  Read Replies (2) of 1139
 
I'm actually a little surprised that ICOS isn't under more pressure today. Yesterday's pop was, as someone on the Yahoo! board described it, the result of "unintended hype". Nevertheless, I expect ICOS to drift lower over the next couple trading days, which is typical of this particular stock. Of course, past performance does not necessarily reflect future results.

The next important announcement from ICOS should be the initiation of phase III trials for IC351 in male erectile dysfunction and/or LeukArrest as neuroprotection in ischemic stroke. According to the most recent conference call, these announcement should be coming within a couple months.

Good luck and best wishes,
Lel
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