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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

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To: Kenneth M. Koff, CPCU who wrote (376)3/10/1999 11:33:00 PM
From: 5,17,37,5,101,...  Read Replies (1) of 2515
 
Thanks Ken,

I agree. My last stock on CNBC was IDTI at $12! Greater than 50% decline since. CEO looked like crap. But then again, IMCL people have always been softspoken and drugs really are winners. The news on CNBC is almost surely going to be no news to me or anyone really. IMCL is approaching full valuation ($20-$25) which of course means nothing to investors. Hang on for $12.00 again or $30.00; your guess is as good as mine. With only 25MILL outstanding somebody bought/sold an awful lot of shares today or it was a few people churning. Hmmm...who might want to do that?

Jackson
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