Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.620

+3.2%

Dec 5 9:30 AM EST

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To: Bob Trocchi who wrote (4646)	11/4/1999 4:29:00 PM
From: Marconi	of 10293

Hello Mr. Trocchi: NVX NVX reported after the close today, see biz.yahoo.com Looks like they are down to about $1M cash and have a monthly burn rate in excess of that. This is after doing their Certiva vaccine for some time now. I wonder if it will gap down at the open tomorrow. Any opinions? I have an order to box at 4+ but am debating whether to cancel it. I've watched NVX since at least 1991 and there has not been performance to make them a going concern. They sold the story repeatedly, but I wonder if now is the time they will not be able to raise more cash to chase after the minor operation they have in hand that sports a negative return....? Best regards, m BTW, I tried to short some WEBB at 14-1/2 15 minutes before the close. Just 500 sh. Not sure if it can get hyped higher to 16 - 18 or not. My sense is this week is the week to short. Whoops it is Thursday. Let me revise that to enlarging the position by next Tuesday by another 500. Target sub 10, ultimately belly up.

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