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To: Pierre J. LeBel who wrote (739)3/6/1998 11:54:00 PM
From: READE SMITH  Read Replies (1) | Respond to of 14101
 
We're all waiting for news from the U.K or Canada's Health Protection Branch -- in the meantime DMX seems to have found a new base resistance at $3.50 (it was just below $3). This is partially due to the recent independent study which proved Pennsaid's effectiveness with no significant side effects.
There is nothing but time now (a few months?) between us and revenues from North American and British sales. Next step -- we'll announce a Pennsaid marketing partner and a new double-blind WF-10 study then shoot up over $4 again -- how boring -- this interminable wait for the " big one".



To: Pierre J. LeBel who wrote (739)3/7/1998 8:23:00 AM
From: Mark Bartlett  Read Replies (1) | Respond to of 14101
 
Pierre,

<<Any comments anyone?>>

I am not that concerned about WG's selling. As I understand it, they have a huge position - so selling some is just good money management. I still continue to believe the patient investor will be rewarded nicely. The wait is not fun - but hopefully the outcome will be worth it.