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

To: CPAMarty who wrote (327)	2/26/1999 3:22:00 PM
From: 5,17,37,5,101,...	Respond to of 2515

I've noticed since I've owned the stock (mid 97) that it holds up pretty well in a down market. During the little meltdown of 10/97 IMCL was hardly phased. In the major meltdown of 98 we know it went to $5.00. Don't want to see that again. Institutional ownership of roughly 33% is somewhat disconcerting and I believe no doubt the source of the selling, keeping the price ping-ponging in a range until news of PIII. Higher interest rates have to be one of the factors keeping a lid on new demand for shares. Lower rates + PIII news may equal $20.00, and probably at a most unexpected time. Jackson