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


To: Dr. John M. de Castro who wrote (409)1/9/1999 2:34:00 PM
From: Ariella  Read Replies (2) | Respond to of 1386
 
Your point is well taken.
I am concerned like you about the possibility that for a second time (the other time being the Phase II results that very unfortunately came out on Oct. 7 in the middle of a market panic) that we will release decent or good news into an unhappy marketplace. There's no way to predict this event, of course, but it does drag around to worry one, doesn't it?

Right now the management team is involved in finalizing the '99 budget, travelling out to the H&Q life sciences conference in California and continuing the LE-T plan, not to mention dealing with ongoing negotiations for HU-211. Only a handful of top managers to go around, remember -- that's one of the vulnerabilaties here as they continue to watch cash burn closely -- so I figure without any known facts to support me that odds don't favor an early release of earnings. But keeping fingers crossed.

Ariella