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Biotech / Medical : IMNR - Immune Response -- Ignore unavailable to you. Want to Upgrade?

To: Steve Smith who wrote (559)	6/23/1998 10:32:00 PM
From: jake burns	Read Replies (1) \| Respond to of 1510

Steve: on the Yahoo board, someone mentioned that Dr. Carlo, IMNR's president, used the phrase "investment grade data" to describe what will be presented at Geneva on July 2 and 3. I understand Dr. Carlo to be conservative and not given to exaggeration. If true about the data being "investment grade," then IMNR will be (as Bob Dehaven said on a recent Yahoo post) "better than sex." Who can figure where the market will take this thing. Heck, I thought we'd be 16-18 dollars on the morning following the agph deal....What happened? We receded to 13 before hitting 16 dollars today, 8 trading days later. My best guess is 18-24 dollars a week after geneva (July 10). I would be flabbergasted if we did not hold this 16 dollar price through that date. Supposedly, technicians claim there's no resistance through 24.50 for this stock....I'm not a technician (Manny and Bob are)...just a fundamentalist. Also, don't forget that AGPH paid 17 dollars for their shares ($2 million for 118,000 shares). If we get great data at geneva (to make fda approval extremely likely), we'll really be in good shape as wall street heretofore has been reluctant to give IMNR anything....it's almost as if remune must be approved first. If the data is great, you'll have money being bet on remune's approval...and we're in the 20s.

To: Steve Smith who wrote (559)	6/23/1998 11:10:00 PM
From: Manny Gugliuzza	Read Replies (1) \| Respond to of 1510

well lets average it up in general first. agph buy stock at 16.91 lehman ups price =18.00 prudential estim =27 that 20.63 on average you have to go back to the monthly charts for the past resistance and believe it or not it is at 21-22 for last 2 months in 1992. i am expecting a spike a 3-5 $ one. MM will crush all the stop sells if they get to heavy first and then taking everyones call option that are being sold at 17.5. the little guys will get washed and the big traders will scoop. big rewards for the long term which i am in for. good luck ar.