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Biotech / Medical : IMMULOGIC

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To: Paul Getman who wrote (31)5/6/1996 2:26:00 PM
From: Lyle Abramowitz   of 305
 
Paul, thanks for your informative and insightful reply.

I was looking for some assurance that things are O.K with IMUL and your post provided that. As I recall, a similar situation obtained with the Phase II data, where the results were positive but the stock went down due to some concerns about the results as compared to the placebo group. At that time, I received my re-assurance by calling the company. I spoke to the CFO (who was very friendly, and didn't mind taking time for a small investor) who said that IMUL was "doing nothing differently going forward" as a consequence of the Phase II outcome. I.e, IMUL was satisfied with the efficacy of the therapy, and was continuing to develop the treatments for ragweed and other allergies. The stock eventually recovered and made new highs and should do so again now.

Regards,
Lyle

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