Biotransplant(BTRN) Message Board

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Biotech / Medical : Biotransplant(BTRN)

BTRN 35.18

0.0%

Dec 26 4:00 PM EST

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To: scaram(o)uche who wrote (168)	12/8/1998 7:52:00 PM
From: Larry Liebman	Read Replies (1) of 1475

Richard, interesting, I have positions in OSIP and CRGN. I thought I was clever purchasing OSIP at $4!!! Time will out. BTW, I spoke with IR at OSIP. All of his options are "underwater"(re:worthless), so I guess it could be substantially worse for us. He offered that Amerindo has been selling a significant number of shares over the past 3 months, continuing to pressure the price. According to him all OSIP programs are in place. He believes that if Amerindo were not selling, the price should conservatively approach its' offering price of $9. From the discussion it sounds as if PFE has placed their cancer franchise on OSIP's shoulders. Apparently, the OSIP/PFE collaboration has been going on for 13 years, with a number of pre-clinical candidates moving forward. As with BTRN, this is a company to own at these levels.

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