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Non-Tech : Enamelon (ENML) - Does anyone follow this? -- Ignore unavailable to you. Want to Upgrade?


To: Greg B. who wrote (477)3/13/1998 5:01:00 PM
From: Harry Ehrlich  Read Replies (2) | Respond to of 863
 
What's of interest here is that the news did not really move the stock today; all that volume and only a quarter point. In fact, this info has been available since March 4, when the meetings began. It seems that the stock sold off on this news initially. Today, there were many selling into this news rally.

From the press release, it seems that none of the results were obtained from tests done on people, only on tissue. I could be wrong. The only test that seems to have been done on people was one that "showed electrical resistance measurements are a promising means of demonstrating the effectiveness of ENAMELON Toothpaste in human subjects."

See if you can get the abstracts; we could use some clarification here. The market is usually right about these things.

Harry