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Biotech / Medical : IMNR - Immune Response

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To: Stanley G. who wrote (1370)6/3/1999 3:34:00 AM
From: billkirn  Read Replies (1) of 1510
 
If it gets down to 3.0 I would imagine WLA will buy it since the agreement with Agouron will cost wla upwards of 70 million if Remmune is successful. Why not buy the whole company for 70 million. That way WLA gets all the profit on future sales. This is just sand box money for WLA.
If they have confidence in the drug they should buy the entire company now. My guess is that the bottom will not be below 4.5, sooo, if you have guts, now is the time to buy this baby with a downside risk of no more than 4.5. I am placing my buy order in at 4.75. Bill
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