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Biotech / Medical : Pharmos (PARS) -- Ignore unavailable to you. Want to Upgrade?


To: Shadow who wrote (933)10/25/1999 8:44:00 PM
From: arnie h  Read Replies (2) | Respond to of 1386
 
Shadow: Thanks for adding to my note about delisting. The price is probably under pressure already by some tax loss selling to go along with the unwinding of positions by those who expected a quick and positive outcome of the HU211 negotiations. As you noted, additional tax loss selling could drive the price below $1 for a bit which is why I commented on the delisting process. It's hard to believe the price will stay below that level for any extended period unless revenues have peaked or the company finds it cannot find financing from 'responsible' sources.
Arnie