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

To: jake burns who wrote (903)	7/10/1998 6:00:00 PM
From: Brian Thomas Hertzog	Read Replies (3) \| Respond to of 1510

SEC Filings Does anyone know information about the; SC-13G filed on July 9 S-3/A filed on July 8 8-K filed on July 1 144 filed on June 24 Did anyone notice that AGPH purchased $2mil worth of IMNR stock on the signing of their collaboration? --BHertzog

To: jake burns who wrote (903)	7/10/1998 6:32:00 PM
From: Robert Knight	Read Replies (1) \| Respond to of 1510

Jake, very good post. As you pointed out, we all benefit from the information that is shared on this thread. I try to contribute what I can. I also try to remain open to opinions that differ from mine. Thats the beauty of this forum. There is no need to have to be "right" all the time. Lets keep up the good dialog.... Did anyone notice the S-3 registration that the Company filed yesterday? This could be the answer to why Lehman has been consistently on the offer of the stock for the past week. 1.7 million shares were registered from a Conv. Pref. deal. This could be the block of stock that they have been selling for a client? Also a 13-G has been filed, Capital Guardian Trust now owns over 5% of the outstanding shares of the Company. I wonder if this is an affiliate of the multi-billion$ Cap. Guardian mutual funds? It was a great week fundamentaly for IMNR (Geneva data, Schering deal, Prudential Buy rec). I know people are depressed about the stock not reacting to all of the positive developments, but this S-3 could be the reason why the stock has been under alot of selling pressure of late. Comments? I am hearing that more positive developments are on the horizon and I feel that it is only a matter of time before the street starts to see the value of IMNR..... Robert

To: jake burns who wrote (903)	7/10/1998 10:57:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 1510

So what is the stock worth? Something between 10 and 15 according to the market. If you're concerned about all the noise in between because it prevents you from obtaining a trading profit, you're in the wrong activity. You've made a lot of public-like blatantly false claims. I especially like the "market makers took the stock down" comment. You simply don't know what a market maker does and how they make money. This "swapping" is wrong understanding and no firm would take the financial risk implied to do it. Tell me, how does the "swap" settle? It doesn't. It's an agreement between colluders. Right? What are you talking about? Public palaver. The public creates this set of myths by which they then get angered. There is only one way for you, don't be a member of the public. The way you accomplish that is to become a market maker. Then you can tell me how wrong I am. What would happen is you would learn what actually goes on and your prejudices would reverse 180 degrees. You would complain because of the heavy handed SEC interference, excess oversight, too much public power to initiate class action suits, too much review by your member firm. As far as the other claims you've made, you'd just laugh. You'd say, "I didn't know what I was talking about". The manipulation allegation is always a sign of weakness. When you fail it was due to manipulation, but when you succeed, it was due to your great skill at beating the manipulators by out-manipulating them. I can tell you that they didn't know what the fool public was doing. When you have your capital at risk and you know there are a bunch of fools out there, you let the selling panic take it down 1/4 on 100. That is, you only buy on the run where the rules force you to make a continuous market, but you sure don't set up a Maginot Line to protect the greedy public. Let 'em eat cake. Thge only nervous weaklings I ever saw was the greedy public which believes they deserve to make gains, but if they lose, someone, usually government, should bail them out from the crooked market makers. The public isn't interested in investing, they are interested in instant gratification. If they were investors, they wouldn't care about the noise at any level. They would only be interested in rising levels. You're suggesting that this alleged manipulation compromises the market such that it doesn't reflect prospects for future earnings. It's the only conclusion you can have. Otherwise, what is the effect of the alleged manipulation? A perfectly manipulated market and a perfectly non-manipulated market would assess the worth of the stock similarly. Is that too advanced for you to comprehend?