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

To: Elliot who wrote (578)	5/5/1998 9:35:00 AM
From: ernie de la fuente	Read Replies (1) \| Respond to of 975

Well gang, CNBC had the interview as planned. Hilson represented himself well. The CNBC crew challenged him a bit on the effectiveness of our drug and Hilson established that it stunts the growth(not eliminates) tumors. I am not sure if this is in fact different than our competitor's combo drug as announced yesterday(I got the impression that their's eliminated tumors but that may have been hype and misrepresented). CNBC questioned our ability to get a drug to market to which Hilson replied that BLSI only intends to bring all of it's drugs along to a certain phase of proven effectiveness and then "big brother" can bring it to market. "big brother" being any large national or international pharm. He made it clear that the pharms are knocking on our doors VERY LOUDLY now! The key distinction in our favor was that Hilson mentioned that we are trying to get the human testing LATE THIS YEAR! I believe the news yesterday on our fav competitor was they hope to get to human trials WITHIN a YEAR(doesn't sound like this year to me). We clearly got some good press out of this and came out looking good. I can't see how the share price could ever be below $6 again unless the drugs show failure! I am not so sure we will see a europhoric rise today as we had that already but I would be surprised to see us settle back anywhere near $3 as we are on a lot of radar screens now. I hope this helps. I'd like to write more but must run! Good luck!