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

To: Rio Jangada who wrote (246)	6/23/1998 7:57:00 PM
From: jbershad	Respond to of 399

Did not see any. Just list of funds and institutions. Insiders. Kaufman and Nicolas funds. Many others. Boy H&Q did some job selling the company. As of 97 there were no sales. Still don't know who is selling. Will look some more. Jerry

To: Rio Jangada who wrote (246)	6/23/1998 8:17:00 PM
From: Rio Jangada	Respond to of 399

Rio, Here's a list of companies that are collaborating with ArQule. Abbott Laboratories Amersham Pharmacia Biotech AB Roche Bioscience Sankyo Company Ltd. Solvay Duphar B.V. Monsanto (agrochemical) American Home Products Corporation (Immunex) Acacia Biosciences, Inc. Aurora Biosciences Corporation Cubist Pharmaceuticals CuraGen Corporation FibroGen, Incorporated GenQuest, Inc. Genzyme General ICAgen, Inc. Ontogeny, Inc. RiboGene, Inc. Scriptgen Pharmaceuticals, Inc. Sepracor Inc. Signal Pharmaceuticals, Inc. SUGEN, Inc. T Cell Sciences, Inc. ViroPharma Incorporated Genome Therapeutics Corporation Wyeth-Ayerst They might know more about the scientific potential of ArQule's patented technology then a handful of reactionary investors and analysts. You sure made a good move buying in at 11. Rio

To: Rio Jangada who wrote (246)	6/23/1998 10:48:00 PM
From: ahhaha	Read Replies (2) \| Respond to of 399

It wouldn't do any good. There are lots of experts that have high confidence in this company. So what? Experts have as much chance of being right as you do. Maybe less because they believe they know something when the something can't be known, so they bag themselves by believing their own hype. What I'm saying is practically heresy. To acknowledge it is to recognize "a man's got to know his limitations". Institutional fund managers have to make the public believe that that isn't true. Otherwise, why does anyone need an investment fund? Didn't you read the news? A merger by one of the company's "partners" has caused the remaining entity to lose confidence in Prayer Wheels. Why are they losing confidence? Before you bought, you should have gone back to my posts earlier this year and studied them closely. You don't buy into a deal like this. This is still downward bound. The drug makers and scientists are hoping you will bail them out. They'll tell you that you got in at a steal. It'll go lower. Then they'll tell you how stupid you were to buy into that pile. But before it does that, it has to make sure you won't sell when it goes through 11 on its way down. It will have to rally to secure your allegiance.