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Biotech / Medical : Biotech Valuation
CRSP 55.11-2.6%Nov 7 9:30 AM EST

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To: Harold Engstrom who wrote (7628)12/30/2002 9:48:10 AM
From: Biomaven   of 52153
 
Harold,

It is worth recalling that CRXA sold some 8.5 million shares of stock (at $6.20) and low-priced warrants in a PIPE last August. Wouldn't surprise me if some of those buyers were disgorging their shares at a small profit into the heavy volume after the ODAC meeting.

Peter
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