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

To: Ariella who wrote (902)	6/12/1998 12:55:00 PM
From: Zvi Steinberg	Read Replies (2) \| Respond to of 1491

Ariella, Post #891 specifically referred to this purchase (I didn't want to mention name or number at the time). These are very positive actions by Pharmos management as they help to enhance shareholders confidence. Dr. davis point is well taken. Tony, There are assumptions and expectations built into these estimates, so we can not necessarily assume there will be no further dilution, but we have good reason to hope so. I too am very confident we'll find a partner, ariella. I only hope I had more free cash to buy mor shares at these levels... They won't last for long. best regards Zvi