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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?


To: Fred Levine who wrote (119)9/9/1998 3:40:00 PM
From: David Wise  Read Replies (1) | Respond to of 2515
 
Strange pattern over past month or 2 where big volume comes in, price goes up, then lower volume and price goes back down. Short of stock price manipulation, I can't explain this. My question is why the price goes down.



To: Fred Levine who wrote (119)9/9/1998 3:43:00 PM
From: rebecca  Respond to of 2515
 
IMCL"S rise may possibly be related to

1.Piper Jaffrey conference which is ongoing today and tomorrow (not sure if IMCL is presenting)
2. Anergen's news release related to angiogenesis

rebecca



To: Fred Levine who wrote (119)10/11/1998 4:37:00 PM
From: flickerful  Respond to of 2515
 
....From the oft-off but single-day-influential Inside Wall Street column in BusinessWeek: ImClone was up 23/32, or 11.2 percent, to 7 1/8 after Jim McCamant, editor of Medical Technology Stock Letter, was quoted saying he believes the company is close to a deal involving a European pharmaceutical firm to either take a significant equity stake in the company or license ImClone's lead compound, C225. ....

["oft off" is a slight improvement from earlier accounts describing
this column as "accuracy challenged", but not exactly a ringing
endorsement...]

from...Friday Midday Musings
Wall Street Weighs Fed Rumor in Snapback Session

By Aaron L. Task
ABCNEWS.com from TheStreet.com
N E W   Y O R K,   Oct. 9

abcnews.com