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Microcap & Penny Stocks : Pharmos(PARS) -- Ignore unavailable to you. Want to Upgrade?


To: Omer Shvili who wrote (742)5/7/1998 9:29:00 AM
From: arnie h  Read Replies (1) | Respond to of 1491
 
Omer: How so? Whenever Management has told us in 10Q/K reports when they'll need money, it has turned out to be accurate. My difficulty isn't with needing money, that's par for biotech, it's with how they raise the money. All the deals have the sweet smell of desperation or chicanery. When you have to have words to the extent that the investor agrees to not break any laws, I get a bit nervous.

At any rate, I'm in it for the long haul, as I presume you are and we'll see what happens.

Have a nice week,
Arnie