SUNPHARM Pharmaceuticals (SUNP) Message Board

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Biotech / Medical : SUNPHARM Pharmaceuticals (SUNP)

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To: Jasman who wrote (27)	2/2/1999 12:15:00 AM
From: JMarcus	Read Replies (1) of 52

Since mid-March of last year, SUNP's stock price had been going steadily (with some bumps along the way) downhill, from its 52-week high of 6-1/4 to its low of 3/4. I don't think profit taking can account for that pattern of decline. ;-) I think the best explanation for the decline is a dearth of news and possibly discouragement at the previous prospect of Shaman getting to market first with a refractory diarrhea drug. If you search Yahoo News, you come up with nothing since May 1997, except for SEC filings. biz.yahoo.com There actually were a few press releases during that period. You can find them at fkpi.com. But curiously, Yahoo doesn't pick them up. What this company really needs is visibility. The new website should help a lot. More immediately, I agree with your view that this stock is picking up some momentum. The mention of the company in today's Dow Jones Newswire's article describing the stock's 120% jump should create some interest. As people begin doing research into this company, they will see what a bargain it is. I'll be amazed if the stock does not go up again tomorrow. Marc

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