Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JEB who wrote (467)	3/17/1999 8:37:00 PM
From: Frederick Langford	Read Replies (2) \| Respond to of 2515

PERCEPTION PERCEPTION PERCEPTION The night before the CEO's appearance on CNBC, I saw some of the best DD I've seen on SI since '96. Oddly enough, it was on Anthony's Short thread. These people spent the entire evening trying to find any reason to short this equity. By morning, the consensus was to go long, buy on dips CNBC appeared to treat IMCL's CEO with more deference than usual, as if to infer that this could be viable. It seems to me the latest round of news catapulted IMCL to a level of respect that may/could shield it from some of the volatility typical of small biotechs, provided they issue a few press releases updating progress. I have been adding on pullbacks and plan to continue to accumulate over the near term. JMO, Fred