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Biotech / Medical : ImmunoGen -- Ignore unavailable to you. Want to Upgrade?

To: Sonny who wrote (3714)	11/16/2000 6:07:48 PM
From: Marty R	Read Replies (1) \| Respond to of 5665

Prudent is one thing. But you’ve called for this same drop for several weeks. Calling for it to drop to 20 - 25 with all the good things that are going on with the company (info. from SHM, near term {by the end of the year} announcements to be made, successful secondary, etc.) is not IMO prudent. The terms you use aren't prudent either. Examples from your posts: - (In other words: folks who got in way early in the expectation of this news are slowly getting out, and only the naive, retail, generally-too-late crowd getting in now?). - Does that mean that, soon a sell-off may commence I don’t consider suggesting there’s an impending sell-off prudent. All you sight is a chart that’s shows congestion (as you put it) or refer to "the monkey news" [as though validation from the trial of a 2ND drug means nothing]. If you’d read all of the filing you might have discovered there was more to it. I’d suggest you contact Dr. Sayare and tell him you think repeating the “monkey news” served no purpose. The other day you talked about no volume when volume on that particular morning was good and ended the day over 1 mill. On top of that it was the day after the election didn’t get called and the rest of the market was tanking. You typically fail to discuss what's going on in the market in general. Last week inspite of the fact that both the Dow and Nasdaq were tanking (primarily because of the election turmoil) IMGN held up well. Friday there was a slight sell off and Monday a major one. Friday probably had to do more with the fact that we still didn't have a President named, some people expected more hype in the PR from the Tolcher poster, and it was a Friday. Monday could be more directly attributed to a negative Barrons article that blasted the entire Biotech sector as overbought comparing it to the dot.com situation and the continued turmoil surrounding the election. Are you suggesting people sell at these levels and risk trying to get back in in the $20’s or what’s your purpose? Perhaps if your reasons were presented in less of a vacuum and included more context of the overall market they might be more plausible. I’m not a fan of discussions of the $100, $200 or $1000 club on RB. On the other hand, perhaps I’m more of a glass-is-half-full type person. It seems to me that you lean towards the glass-is-half-empty primarily.