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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST

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To: Larry Liebman who wrote (61)3/13/1997 6:45:00 AM
From: Jongmans   of 4474
 
With a view to the perspectives and the newly created opportunities
(Genovo plus most of all the HMR-connection) are in my opinion in the shorter run the warrants more attractive. At a latter stage warrants can hopefully be exchanged for shares at a more advantageous ratio then now. Leverage!
Martin
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