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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (9112)5/6/1998 1:58:00 PM
From: RealMuLan  Respond to of 120523
 
IMMU from Briefing.com
12:23 ET Immunomedics (IMMU) 5 7/8 +3/4 (+15%): Company reported that two of its recipients of radioactively labeled antibodies -- both deemed terminal when referred for experimental therapy -- will soon reach their third anniversaries in complete remission following receipt of the company's proprietary isotope-labeled antibodies. The first patient, a 73-year-old New Jersey woman, enjoys complete remission from terminal ovarian cancer resistant to carboplatin, cytoxan and taxol. What is that, nine or ten press releases in two days from companies with a cancer drug. In a sense, this frenzy is even worse than the one in Internet stocks. How many companies do you think will actually come up with an effective cancer treatment vs how many of the Internet companies with trumped up press releases will experience extremely robust revenue growth over the next few years? So, you ask, "Why do we keep mentioning these stocks?" Because they are "In Play," not b/c we think that they are worth a damn.