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Gold/Mining/Energy : IGT Pharma (V.IGT) Anti-Cancer Blockbuster!! -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Anderson who wrote (73)	7/19/1999 11:03:00 PM
From: Solid Play	Read Replies (1) \| Respond to of 86

Well they had an update announcement only a few days ago...the volume today was light and so it has been over the period when the closing price drifted into the 50's...there has been almost nil trading since the stock was trading around 70-75 cents...so any buying volume at all will more than likely bring it back to 75 cents and higher real quickly...we even witnessed this today when we say 69 cents. In reading there latest, they strongly imply that -- if they are successful -- we should see an announcement down the road about a partnership with a major pharmaceutical enterprise who would provide a lot of the seed money and launch expertise down the road for a cut of the profits down the road. We saw this when Hoechst Marion Roussel partnered with Inflazyme Pharmaceuticals (V.IZP)and the share price rocketed from 55 cents to 1.55 in just days...I think it breached $ 2.00 during that run and has settled between $ 1.40 and $ 1.70 recently. Anyway, this could well be what we see from IGT...when?...well that's the trick now isn't it...but I think they are making steady progress...so whether it is by September...or by March next year...I think it is a good bet to happen...meanwhile they have other irons in the fire...any of which could spring the price upwards upon positive developments. Solid Play