SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP) -- Ignore unavailable to you. Want to Upgrade?


To: Sean Janzen who wrote (951)5/27/1998 11:09:00 AM
From: Coho  Read Replies (1) | Respond to of 1501
 
Sean, interesting couple of weeks. I got off my few shares barely in time but didn't realize the $1.50 spike a couple of weeks ago. My prediction doesn't look too hot today.

Somewhere down here IZP is starting to look like a buy again, don't you think?

Last Friday I hosted a luncheon for a number of Pharma types. Dr. Bains from Nortran, Radvak from Response Pharmaceuticals, a couple of (X)IR from Pyng Medical, one of the IR's(Marley-Clarke) from Wolf Industries (Dental Analyzer,WLFN NASDAQ OTC), and the usual suspects from Howe Street.

It was a good bull session(I guess today we call it networking). Of course we talked about the changes down at IZP and tried to guessed the direction of the company and more important(to me anyway) "what was the price potential of the stock and its timing?".

Consensus was "the company need only a little tweaking". That's my layman's description of proving some of the drugs claims scientifically. The learned scientists at the table thought only some peripheral testing on a few remaining items would be sufficient to demonstrate the efficacy and safety the drug and the diligence of the testing to date.(My apology to the Doctors on the thread for my crude explanation. The last paragraph is what happens when two worlds collide!)

We also talked about the likely hood of selling to a major, in what ever form. Consensus, "absolutely". When, "probable when the tweaking is done".

What is the value of the company, post tweaking, "$80m to 100m".

What is a realistic price of the stock, I am not sure of the outstanding shares, I think in the neighborhood of 30m. Stock price "$3.00 to $4.00". "Hopefully this year".

This is all conjecture as I am afraid to call the company, I hate rejection, character flaw.



To: Sean Janzen who wrote (951)5/27/1998 9:08:00 PM
From: Harold Lehman  Read Replies (1) | Respond to of 1501
 
Has anyone here tried to call Micheal Liggett, the CFO/new investor relations person, in the last few weeks? I have done so about 7-8 times, and the man is always busy, which is good. However I left a message to call back 3-4 times, and this harried, busy man must be misplacing that notice.

Has anyone else on this thread tried to get through to this guy, and have you succeeded? We're only worthless shareholders, barnacles on this great ship, not worthy of information that effects us.

If only we could subpoena these people for information.