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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?

To: tom jones who wrote (1047)	10/7/1999 3:52:00 PM
From: xcr600	Respond to of 2515

True. But when is the first class action going to come out? Obviously someone leaked something. Pretty clear in the tape. I am on the sidelines for now. x

To: tom jones who wrote (1047)	10/7/1999 4:18:00 PM
From: LTK007	Read Replies (2) \| Respond to of 2515

First I myself am too skiddish to buy most anything long at this moment--including IMCL,but one thing is evident,as you say C225 is a hot item,something inherently quite valuable,and such it has become a center for contention. Regards leak,the finger is being pointed at a panic on the part of a Volpe Brown analyst who on reading the "revised" S-1 thought the new wording was "big trouble" and this got running from firm to firm such that yesterday morning Morgan Stanley called their clients telling them to get out--this being reported by such a client on the Yahoo! thread(he bragged he didn't sell). Faber on CNBC got this really collapsing with a hatchet job in early going and Joe Kernen had to pick up the pieces by giving IMCL's view,which he stated the CEO said basically POPPYCOCK!--but I gather he said much more than POPPYCOCK!, and from the point that Kernan presented IMCLONE'S side of the story the stock strengthened---strange brew:) Max90