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

To: Jesse Schulman who wrote (991)	2/9/2000 10:14:00 AM
From: arnie h	Respond to of 1386

ITSS: Perhaps you're right; the media does tend to condense things in such a way as to obscure what was said or happened. Still, we've heard nothing about raising money or results of the 3rd cohort from the IR and PR folks. Perhaps the company has decided to give them a winter break. The stock has been acting well so maybe we're better off without any PR. Arnie

To: Jesse Schulman who wrote (991)	2/10/2000 10:04:00 AM
From: arnie h	Read Replies (1) \| Respond to of 1386

ITSS: As a follow on, apparently the PR people just awoke from a long winter's nap and put something out. We apparently did raise fresh funds to the tune of $7.3 Mil for 3 Mil shares at the price of about $2.40 or so. Presumably, the Chairman meant we won't be raising funds after these (at least for a while). Secondly, the Phase 2 trial was completed. So perhaps we'll learn the outcome in a month or so. Best wishes. Arnie