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


To: yosi s who wrote (1183)8/26/1998 11:30:00 PM
From: Rick Strange  Read Replies (1) | Respond to of 1491
 
Yosi, many good points. Are you sure that European approval triggers milestone payments? Seems that someone asked Company this question and the answer was no. Shame if so but we can content ourselves with increased sales from these new markets. Current market cap is less than 3 times PARS share of projected 2000 sales on ALREX and LOTEMAX just in the U.S. Can anyone argue that the stock is fully valued?



To: yosi s who wrote (1183)8/27/1998 9:04:00 AM
From: Ron  Read Replies (1) | Respond to of 1491
 
thank you Yosi----I totally agree with you on what management must do.



To: yosi s who wrote (1183)8/27/1998 9:40:00 PM
From: arnie h  Read Replies (1) | Respond to of 1491
 
Yosi: Perhaps I'm alone but I was encouraged by today's price action. Despite the rather inspired market selloff, PARS is holding above the $1.75 level I pointed out previously as a key support level.
This despite the heavy distribution being shown on the Worden charts I follow. Selling has been at their 100(max)level since Thursday, 8'20.
It could be the hedgers are helping to keep it up since they need a price in the 2's to get out OK.

I'm oriented now to the short interest which will be out this weekend.
For some time now, whenever the short interest has risen to a new high, the price has dropped significantly the following month. When the short interest has dropped to a substantially lower level, the price has risen the following month. I generally learn this Saturday am and will post then,if so.

Had a question on the price BOL gets from one of our prescriptions.
Any idea?

Pleasant dreams,
Arnie