Alteon (ALT) Message Board

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Biotech / Medical : Alteon (ALT)

ALT 4.870

-1.0%

Feb 6 9:30 AM EST

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To: Lucky who wrote (178)	12/7/1997 12:18:00 PM
From: Rudy Saucillo	of 318

This is a long term investment for me, so I'm not interested in skimming a buck or so over a couple of days. Still, the time to have shorted ALTN was a year and a half ago. I certainly wouldn't feel comfortable betting that we'll see $7/share, but if we do, I'll be a buyer. Re 'smart money', knowledgable money managers were buying over the past 4-8 weeks (note the series of +500k share days) knowing that major partnership discussions were ongoing. At least that's my take on the recent trading action. Happy trading to the shorts! If they're successful, it's good for me, too! Rudy

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