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Biotech / Medical : Alliance Pharmaceutical -- Ignore unavailable to you. Want to Upgrade?


To: mannyj who wrote (372)7/20/1999 12:46:00 PM
From: Alok Sinha  Read Replies (1) | Respond to of 548
 
I checked those trades - on qoute.com it said late NASD, so it may just be confirmations for trades during the day (the high was 3.5 yesterday) at 3 3/8. The heavy trading during the last few days is esp. puzzling since no news has come out.

In any case I think we are likely to see higher prices once Imagent NDA is filed (late Aug) and Oxygent partner agreement is in place (expected before end of year). Also the announcement to begin US trials of Oxygent (expected in the next few weeks) may provide some impetus to the stock. e have been in the 2.5 - 3.5 range for eternity.

Regards

Alok