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Biotech / Medical : Aronex Pharma (ARNX) -- Ignore unavailable to you. Want to Upgrade?


To: JMarcus who wrote (227)3/23/1999 1:41:00 AM
From: Sam Lee  Read Replies (1) | Respond to of 320
 
Yes and I think back then the expectation was $30 based on the same pipeline of drugs,but 1/3 fewer shares outstanding. I am holding my stock. This is now a viable company with plenty of cash and milestones to get through this year and next.

What happened, as I understand it, was that the nyotran patient accrual got bogged down for a long time and the company got closer to the edge than intended. IMHO. The whole process fell about a year behind and the stock lost coverage and momentum. But the story is still a good one.

If this stock hits $13 b/t now and the end of 2000 then I will be richly rewarded. I think the worst case scenario is about $7-8 during the same time. IMHO.

I expect only sporadic posts and those will be mainly as milestones are reached. But we investors are here and waiting patiently.