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


To: David Israel-Rosen who wrote (1023)2/22/2000 9:24:00 PM
From: arnie h  Read Replies (2) | Respond to of 1386
 
Hi David: With the pop in the price, and the possibility of more to come (if the HU211 results are good) it may well be the time for the company to raise some real money. In that regard, it was of interest to see that Amylin Pharmaceuticals announced today they raised $100 million in a private placement. The formula used was at a 4% discount from the average price for the past 20 days. Perhaps, the company might keep this sort of arrangement in mind.
Cheers,
Arnie