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

To: SteveG who wrote (146)	1/14/1998 8:01:00 PM
From: Dr. John M. de Castro	Respond to of 399

The H&Q analysts made public predictions before the conference and they predicted that ARQL would be likely to announce a new major deal at the conference. I think everyone was expecting it and the market doesn't like disappointments. However, any rational analysis of this company suggests that at the current levels it's a steal. This is a very young company. I can hardly believe that people would expect that they would have every major pharma signed up at this point in their development. So far they have grown and succeeded at a rate which has amazed me. IMO this is a major biotech in the making. John de C