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Biotech / Medical : GelTex Pharmaceuticals (GELX)
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To: arnold silver who wrote (103)3/4/1999 11:44:00 AM
From: arnold silver  Read Replies (1) of 127
 
Good news I just got off the phone with Paul Mellet the CFO at Geltex
He said its common practice to short a stock before results are in
from a new product.A few periodicals picked up someone that is negative on the stock and are blowing up this company way out of proportion.Sales of Renagel are better than anticipated and the phase 3 on Cholestagel is doing fine.
This is a good opportunity to buy more at bargain prices.
Arnie
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