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Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP) -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (1250)6/2/1999 8:33:00 PM
From: Harold Lehman  Read Replies (1) | Respond to of 1501
 
To me it's not inconceivable that Inflazyme could get a buy recommendation from an important analyst, as opposed to Neil Maedel. If and when that happens he'll be forgotten completely.

An example of a Maedel Rec: He recommended LMX, a mining company, several years ago, when it was about $2.80. Now it's 15 cents. To his credit he put out a sell, after it lost more than half its value.



To: Chuca Marsh who wrote (1250)6/3/1999 10:15:00 AM
From: David Graham  Read Replies (1) | Respond to of 1501
 
Chuca, tsk, tsk :-). Hinting that I might be an IR guy - yikes. No, I'm a plain old investor who's been posting on this thread almost as long as you - though not quite so frequently as you.

The sell was in his May 27 newsletter.

Harold - he didn't say the company was a bad bet, the point is that its share price is driven by news, and other than a temporary boost from a TSE listing, the news pipeline is expected to be dry for almost a year. You've held this stock a long time, you know what happens when there's no useful news - down, slowly, inexorably down. If it gets cheaper I'll likely buy back in.

David