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Biotech / Medical : Genta, Inc. (GNTA) -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (1190)	6/7/1999 10:40:00 PM
From: JMarcus	Respond to of 1870

Aries kept accumulating through April 30th, when it paid its highest price of $2.83/share. Although a handful of individual insiders executed "planned sales" in May, Aries has not dumped any shares. I think that the individual insiders who sold did so in anticipation that the stock price would run up through the ASCO presentation and then settle back down. We appear to be entering a quiet period, and the post-news-event profit-taking may have been exacerbated by the Murphy reversal, as you suggest. I don't think that there is any change in the fundamentals, however. For an investor (as opposed to a trader), this is a good time to accumulate more shares. Marc