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Biotech / Medical : IMMC - Industry leading Diabetes Drug

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To: David in Ontario who wrote (17)3/22/1999 11:56:00 AM
From: Rich Kaiser   of 55
 
Hi Dave, Always good to see you on a thread. Management appears very confident about the near term performance for the Company. The single biggest reason why the stock came off from its Dec. high was the financial problems in Brazil. Remember: Immunis get 25% of all sales of the DAIB-II drug anywhere outside of China. Currently, the Company will show the efforts of Biotech arrangements in S. America. To say the least, investors who got spooked because they didn't understand simple Health Economics(meaning there is no direct correlation between someone who is sick and that of the macroeconomic situation as a whole left good value stock on the table for the value seeking investors. So, if you are sick and the economy around you continue to shrink you are still going to get medical attention.

Rich
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