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Biotech / Medical : ArQule
ARQL 20.000.0%Jan 16 4:00 PM EST

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To: Dr. John M. de Castro who wrote (318)4/16/1999 3:40:00 AM
From: Rio Jangada  Read Replies (1) of 399
 
According to its profile on Yahoo ARQL is selling at below book value.
I see very little downside risk here. They still have several long-term contracts with major pharmas and they still have rights to a large cache of intellectual property. Any new business activity should send this baby up significantly.

I re-established a large position today.

Best wishes to all ARQL holders,
RJ
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