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Biotech / Medical : Neurobiological Tech (NTII) -- Ignore unavailable to you. Want to Upgrade?


To: Dr. John M. de Castro who wrote (199)12/10/1997 5:05:00 PM
From: James Crawford  Respond to of 1494
 
If NTII is delisted, what would be the impact on small investors? Would it be fatal for the stock if this happens before any positive news is forthcoming on memantine? Any informed predictions would be appreciated. As a shareholder I've never faced this situation before.



To: Dr. John M. de Castro who wrote (199)12/10/1997 10:13:00 PM
From: JMarcus  Respond to of 1494
 
Someone must share your belief in Memantine. The stock rebounded 33.25% today. What a roller coaster ride!



To: Dr. John M. de Castro who wrote (199)12/10/1997 10:38:00 PM
From: John Dwyer  Read Replies (1) | Respond to of 1494
 
Thanks John,
I agree with the idea that this is related to tax-loss selling. The
threat of delisting combined with NTII's cash crunch makes this stock
an easy target.

John, do you think that a secondary is really the best idea for
NTII? To fund a Phase III trial they need significant cash... a
secondary would imply a high degree of dilution. Wouldn't a
partnership be better for them? Do you think there is any chance
of a decent deal considering NTII's weakened finacial state? Perhaps
they are waiting for the results before striking a deal. Comments?

John