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Biotech / Medical : Oncothyreon

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To: Silver Knife who wrote (799)5/17/1999 10:44:00 PM
From: Jim Oravetz  Read Replies (1) of 2344
 
Sounds pretty much, IMHO, that the stock was runup today by day traders at the open(how about a quick run to 17?) then sold off pretty well. Lots of volume certainly. But hey, their name is out in print in the WSJ. That's great, the story spreads.

As far as "may" vs. "does", in post
Message 9575244

From a chief researcher:
'The use of immunotherapy is more likely to be successful when there is significant reduction in tumor burden,'' added Dr. Sandmaier. ''In advanced disease states, more aggressive therapy combined with therapy to stimulate the patient's own immune system MAY prove to be effective therapy.''

Looks like that are not committing to saying "it works" just yet. Until more data is presented to the FDA and others, it is still a drug in the development phase. This stock is still a BUY on my list, waiting to get some more.

Jim
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