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Biotech / Medical : IMMUNE NETWORK RESEARCH (VSE:IMM)

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To: pete meyer who wrote (8)1/20/1997 6:13:00 PM
From: burner   of 134
 
Pete,
I don't know about you but I have a long way to go to get even again on this one.
I spoke with the company last week and was told that there is nothing material to report at this time. They are looking to acquire technologies that will be advantageous to the company.
The trading today was light and only 3 small trades were reported.
there does, however, appear to be some strength indicated in market depth. There are offers on the bid of 317 thousand shares between 9 and 13 cents as opposed to only 76 thousand shares being offered in a range from 19 to 40 cents. (58 thousand of those are @ 40 cents!)
If the company could come up with some positive news right now, there is a potential for a rapid increase in share value.
Nice to heaar from you,
Dan
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