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Biotech / Medical : ACMI - Accumed Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Frank Buck who wrote (1350)2/2/1998 9:30:00 PM
From: Cisco  Respond to of 1894
 
Hello Frank,

Looks like we had an interesting day today! I think we all need to clam down until we get a few more facts! AccuMed price held up fairly well today considering the news. Somebody stepped up big time to cover all the sellers.

Appears to me this was well planned. New CEO was already in place, Annoucement was made on a strong upday on the market. Press release was timed for midday to reduce total impact. Somebody was prepared to support the share price during the sell off. There was no 144 filed by Gombrich today, which suggest that Gombrich is contiuning to hold his shares! And he did remain on as vice-chairman.

Is this related to Gombrich becoming Chairman of OncoMedics?

Cisco