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: I. Luttichuys who wrote (429)	3/7/1997 11:24:00 AM
From: Richard Belanger	of 1762

Bennett - We appear to be painting a very rosey picture here. Certainly, I hope it develops and I have every expectation that over the long term it will. However, I would caution against some choppiness over the shorter term, and possibly a big dip upon recommendation of the drug for approval. Another stock I own, MB, just got butchered on the day the FDA Panel recommended approval of their second generation ultrasonic image enhancement drug (fortunately, there was a nice run-up before the bloodshed). There have been other similar cases - I'm sure you're familiar with the phenomenon. Hopefully, if there's any rain on our parade it will be a brief shower preceeded and followed by sunny days. Rich P.S. < I have to say it... out of all the stocks I own, this is the closest thing to a no-brainer...> Alas, to think that I had finally uncovered a ringer on my own!

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