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To: Todd who wrote (1317)1/1/2000 1:12:00 PM
From: Robert Mayo  Respond to of 1354
 
Is MM still touting Insite vision?

No, but he's still following it.

ISV has inked (finally) a deal for the glaucoma test kit, and Murphy still likes the technology. What he doesn't like is Insite management's inability to execute a coherent business plan/schedule. In his words, he's been "burned too many times."

ISV was my worst investing disaster. It would be easy to blame Murphy I suppose, except that Murphy never said anything to his clients about ISV that Insite's management wasn't saying to me in private. I sold because I lost faith in Insite's management, and had grown tired of having that much "dead money" lying around.

Murphy continues to follow the company and, after some tax loss selling a week or so ago, he even touted it as a trading vehicle on one of his 900 lines. He's probably right about most everyone getting out whole eventually. Caveat Emptor is recommended with this one though. JMHO.

Bob