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Biotech / Medical : Biotech Holdings

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To: Robin Peterson who wrote (13)2/4/1997 2:23:00 AM
From: dodger2   of 224
 
Hi Robin,

Just wondering how you determined that it was US interest in Biotech that is causing the move in price. Do you have access to the listings of orders filled during the day? Would you mind posting it if you have it or can you direct me to a site to find it? Talked with a friend of mine who has a large number of shares, and is in contact with the company all the time. He confirmed that Biotech has been discussing the possibility of a licensing agreement with a pharmacutical house. Seems the president of BIO was recently in New York for a meeting...that seems like the kind of info that would cause a 45% increase in share price.
The $4.00 price level is what my friend believes the price will be at by March/April, due to sales results and news of a North American clinical trial/licensing agreement being officially released. Seems the company wants to save up their ammo when they are ready to move to a US market.
I guess I should have bought a few more shares at a $1.60.

Waiting patiently,

Darrin
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