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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Brad C. Dunlap who wrote (297)1/21/1997 9:37:00 PM
From: Jinping Shi   of 1762
 
Hi, Brad and all:

An article on the Genetic Engineering News sent me to this
thread. I have a question about the publc offering mentioned
in Brad's post. Could you please explain it a little more.

Based on my past experience, the price will up a little
bit when their NDA is in, and starts to rally when FDA committe
sets a meeting date. Before then, nothing will change dramatically.

It is interesting to see $20 or so is the average line for
the last year or so. The company's product has no price yet, so it is
not easy to predict its value. But the result is interesting. Guess
the current price has factored the expectation of being approved
by FDA, say, in 4 months to 6 months.

It is good to know you guys have been following this stock for a
few years. Other than the public offering question, I wonder if any
of you know which mutual funds are holding this stock?

Cheers,
Jinping
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