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Biotech / Medical : Alliance Pharmaceutical

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To: Cacaito who wrote (341)4/14/1999 9:27:00 PM
From: ubrx  Read Replies (2) of 548
 
I have followed ALLP off and on for about 2 years now but never bought a share, till today. I bought in at $2 5/8. I was impressed with the TV show segment on LiquiVent the other day. That show was the catalyst that got me following the company again. I watched it trade for a few days and jumped in today. From the trading there didn't seem to be many other investors that became interested in ALLP after the TV show. I guess all the speculative capital is in the dot com sector now. Fine by me, I don't mind a bargain. It seems to me that at some point a large Pharmaceutical company may come in and take over the entire company. The pipeline is rich and the market cap isn't. I figure on holding for at least 2 years (assuming we are not taken over by then) and most likely will add shares as time goes on.
Does anyone know how enrollment is going in the phase III trials for Liquivent? Or the other two Phase III's Oxygent and Imagent?

Jim
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