Cadus Pharmaceutical Corp. (KDUS) Message Board

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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS)

KDUS 1.600

0.0%

Jul 2 5:00 PM EST

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To: scaram(o)uche who wrote (142)	3/25/2000 9:36:00 PM
From: tuck	of 1833

Rick, Sure enough, I missed something. Thanks. Good lesson. A lot of stakeholders seem to have been bailing on biotechs lately, with evidence surfacing in recent filings. I believe I have just found something along these lines in ENZN's recent filings. If you're curious, please feel free to check out and comment upon Message 13282076 My theory now is that only a few diggers like us are finding evidence of major institutional selling in high flying biotechs coming or just done. When other, more obvious filings reveal this, we could see a second leg to the biotech meltdown before stabilization occurs, at least in small caps. Also interesting was ABSC's withdrawal of their planned offering. I think we'll get a biotech bounce into perhaps mid April, then down some more. Good biotech bottom fishing in May? Whatya think? Cheers, Tuck

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