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Biotech / Medical : Biotech Valuation
CRSP 57.58+0.9%3:59 PM EST

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To: Biomaven who started this subject6/27/2001 10:04:21 AM
From: IRWIN JAMES FRANKEL  Read Replies (2) of 52153
 
Financing Haircut Department

ITMN is also doing an offering - both stock and converts. It has dropped about 25% since the stock offering was announced June 4th.

So Peter - is there any empirical support for using these "offering selloffs" as buy points? Or are there any other clues to be found in the early response to the offerings?

ij
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