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Biotech / Medical : Neurobiological Tech (NTII) -- Ignore unavailable to you. Want to Upgrade?


To: Dr. John M. de Castro who wrote (656)8/19/1999 12:03:00 PM
From: BRAVEHEART  Read Replies (1) | Respond to of 1494
 
AFTER the FACT,

Hi John,

The current MERZ trials for Memantine give the impression of a chronicle of history. The drug has been in use for years to treat certain types of dementia. Now MERZ will conclude three P-III clinicals to increase the market potential of this fascinating product.

Clearly this data will be submitted to both the US & European governing bodies for consideration for approval. I also anticipate NTI's Aids related dementia trial will be submitted to the FDA for early consideration. With the use of MERZ's extensive P-III data and the open label usage I am convinced there is a strong speculative argument for success. In the very least the risk suggests worse case scenario of a P-III trial. Either event would be a success IMO.

Given the early trial P-II successes for Nocturnal Edema I would also argue the risks are relatively low for not advancing into P-III clinicals. Clearly NTI remains a steal at these levels based on future expectations. While I thought the advances over the past year were positive. The next six to twelve months will be even more significant with at most moderate risk.

PS: Funny how there is little volume. Sort of a waiting game I suppose. Buyers are waiting for lower prices. Funny however if sellers are of the hold in anticipation of the series of positive events that lie ahead then there will be a trend back to the moving average. Funny how you can guage human anticipation momentum reliably on a chart of buy & sell price interactions. I suppose I wish there were a ton of sellers down around .75 too. : ). It's not going to happen people. The expectations are way too high for that. IMO of course.

BEST WISHES
Jeffrey