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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: tuck who wrote (847)	7/1/2004 1:11:08 PM
From: Jibacoa	Read Replies (1) of 1005

They keep crawling out the window.<g> INHX was expected to come out at a price of $10 to $14 but the IPO came at $7 and they cut the number of shares offered to 5M. INHX had a loss/share of $2.81 in 2003 and $2.29 in 2002 but on the 1stQ (March) earnings were $0.52 on the black column vs. loss of $0.61 in 2003. (Don't know why.<g>) Have to wait for the JuneQ in which they had a loss of $0.76 last year to see what is going on. For the few weeks since the IPO, the price has held above $7 bigcharts.marketwatch.com And did the insiders buy more stock than the $35M that was offered at the IPO? In some places it shows they recently bought $86M ??? Of course, they bought at less than $7/share.<g> news.moneycentral.msn.com Bernard

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