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To: Maakamil who wrote (10249)11/12/1998 10:06:00 AM
From: Yoav Chudnoff  Respond to of 119973
 
Hope some of you bought some ALLP during this morning's downturn, looking bright and cheery



To: Maakamil who wrote (10249)11/12/1998 10:07:00 AM
From: Bradpalm1  Read Replies (1) | Respond to of 119973
 
Oxygent works in Phase II trials, the real question is how many hoops the FDA will make it jump through to accept the results from the Phase III trials. No better blood substitute candidate out there at this time. If it hits it hits BIG!

Bradpalm1



To: Maakamil who wrote (10249)11/12/1998 10:14:00 AM
From: Lane Hall-Witt  Read Replies (3) | Respond to of 119973
 
Funny thing is, for a R&D biotech firm like ALLP, increased losses can actually be a good sign since it indicates that they're ramping up for testing. ALLP holds more than 50 patents (most recent one issued Nov. 3), has one product already in Phase III, and has two more products about to enter Phase III. (Getting Phase III approval is extremely rare: according to the ALLP Web site, only 1 of 1,000 compounds that enter preclinical testing even make it to Phase I.)

More than one-third of the company's shares are held by institutions.

A few references for DD:

allp.com
uspto.gov
fda.gov
marketguide.com

I think the early selling came from yesterday's short-term traders and from those spooked by ENMD.