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Non-Tech : Bill Wexler's Dog Pound
REFR 1.610+3.6%Dec 9 3:59 PM EST

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To: Bill Wexler who wrote (1738)7/7/1999 3:54:00 PM
From: Marconi   of 10293
 
Hello Mr. Wexler: NVX
North American Vaccine just peaked at 7-3/8 in the last hour. A story stock with less performance than Zitel. I could not get shares. It trades erratically. Negative book value. 10:1 expenses to revenues. Vaccines are a low margin business. I do not believe NVX's story of a superior vaccine, which has been their story the last decade. They received approval in the last year and sales have been marginal. Low float. Shares are usually hard to find to short. Trading volume is thin most of the time. Now that they are commercial, they should impale themselves with their performance IMHO.
Best regards,
m
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