IDPH--Positive preliminary results for pivotal trial of ID Message Board

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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Don Cheng who wrote (420)	3/3/1997 9:58:00 PM
From: Brad C. Dunlap	of 1762

No it does not make a whole lot of sense, But I'm sure there are a few fund managers who respect the Alex Brown analyst that were or are current shareholders in Idec. Couple that with a lousy mkt and and more specific, a very weak day for biotechs[Corr Therapeutics] could have pushed a large investor out of Idec's stock. I was just posting all potential negatives that might have contributed to the drop. My personal feelings are that this was old news do to Shekhar comments on Friday. If I heard on Friday you know others new before and it was buy on the rumor and sell on the news syndrom. Anyway this is just an opinion and nothing more and at this stage certainly a mute discsussion. Hopefully the overall mkt envirenment will become more friendly and Idec's stock will break out of this trading range,

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