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Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP)

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To: David Culver who wrote (1184)2/10/1999 10:17:00 PM
From: Rob   of 1501
 
No sooner did I post my last message then I read the news on Entremed, the tumor anti-angiogenesis company that made the front page of the New York Times several months ago with their rocket-like ascent. The bottom fell out today (~50% loss) when their "partner" Bristol-Myers pulled the plug. Take a visit to their board (ENMD), I think it illustrates why I feel cautious optimism is always in order. You might want to bring a First Aid kit, it's not pretty over there.

P.S. My guess is this will prove to be a short-lived decline once his highly fastidious methods are reproduced independently.

Rob
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