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Biotech / Medical : HELIX BIOPHARMA (HBP:TSE)
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To: burner who wrote (182)3/22/1999 1:05:00 AM
From: Dick Martin  Read Replies (2) of 193
 
Without news I don't think that the current run up in price can be sustained. What I think we are looking at here is a situation where management are going to be looking toward new financing to continue to develop the business plan, so the share price has to go up to get a reasonable deal. In the short term we could see the share price drop back but I would expect a further run up sometime because that is where we are headed. That is how I am playing this one anyway.

Best Regards -- Dick Martin
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