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


To: Biomaven who wrote (1313)11/24/2004 5:05:36 PM
From: rjk01  Respond to of 1386
 
From the globs
Pharmos (Nasdaq:PARS) calmed down yesterday, after Monday's storm. RBC Capital Markets published an explanation about Monday's situation, stating that the results of the company clinical trials were exactly what they should have been - markers for upcoming trials. RBC Capital Markets said signs were encouraging for the future. I therefore reiterate yesterday's comment that the company’s press release was initially misunderstood, and that Pharmos's management should learn from the incident. In any event, RBC Capital Marketsretained its target price of $9 for the share.