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Biotech / Medical : IMMULOGIC -- Ignore unavailable to you. Want to Upgrade?


To: rkc who wrote (267)2/8/1999 2:05:00 PM
From: Mark Hutnick  Respond to of 305
 
RKC,

I'm in 1000 at $8 many years ago. But I just bought 3,000 at
$1.72, so my ave is $3.25. Anything over $3.25 is making a profit from a once dead as doornails situation. This is how some of the principals are going to look at it. watch for accummulation over the next few days. Good Luck, Mark



To: rkc who wrote (267)2/8/1999 2:11:00 PM
From: Bosco  Read Replies (1) | Respond to of 305
 
hello rkc - mine is more or less yours. Unfortunately, biotech is the riskiest of the risky, c'est la vie.

At least, mgt seems to be doing the right thing. It could sit on the cash until it is all spent! Of course, Dr Marr probably has contemplated his own time value too. In this case, it is not the best we once hoped for; OTOH, it is not a total wipeout.

Hopefully, we will lick our wounds and consider an expensive lesson well learned

best, Bosco