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Biotech / Medical : Pharmos (PARS) -- Ignore unavailable to you. Want to Upgrade?


To: Ariella who wrote (218)11/18/1998 10:41:00 AM
From: Don Walster  Read Replies (2) | Respond to of 1386
 
Dear Ariella:

The following closing statement from your SI post is disturbing. Referring to Pharmos, your say:

"But I'm going to keep a very close eye on the risk parameters of my investment in the months ahead."

Ariella, This is the first time that I have heard concern expressed about the "risk factor" by you or your cohorts. I think most of us have been aware that stocks like Pharmos are risky. But you seem to accentuate the "risk factor" and support it with documentation. How serious do you think the "risk factor" is? In your opinion is it likely, or is there some possibility that Pharmos will go broke. I bought Pharmos at 3. Would I be wise to minimize possible losses and get out now. Your comment about the "risk factor" certainly persuades me that if Pharmos ever gets back to 3 I will be tempted to run, and maybe before, instead of "hoping" that 2 to 5 years out something spectacular may happen. Incidentally, I appreciate your candor. It inspires more confidence than a cheer leader.

Kindest regards,
Don



To: Ariella who wrote (218)11/18/1998 11:29:00 AM
From: Zvi Steinberg  Read Replies (1) | Respond to of 1386
 
Ariella,

I share your observations and concerns. But will continue to accumulate as budget allows.

'I've looked at PARS from both sides now,
from up and down, and still somehow
it's PARS frustrations I recall.
I really don't know PARS at all.'
(to paraphrase Joni Mitchell)

Zvi
:)