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Biotech / Medical : Oncothyreon

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To: StockMiser who wrote (760)	5/16/1999 9:57:00 AM
From: Michael Brody	Read Replies (1) of 2344

SM, Given the RIGHT circumstances I think we may all be taken by surprise at how big of a spike we may see. I totally agree with your previous comments that BIOM's short term price is directly related to how much press/analyst coverage is forthcoming. Would not hurt one bit to see a few respected U.S. brokers initiate regular coverage with buy or strong buy ratings. I would almost expect this after the news that comes out of ASCO, N.Y. Times, etc. Does not hurt to be headquartered in N.Y. as I believe IMCL is ? One thing is for certain (IMHO) about markets is they tend to OVERREACT to news both in the positive and negative directions. Should be a very interesting week or two.

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