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Biotech / Medical : Keravision(kera)
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To: Phil who wrote (205)8/12/1999 10:59:00 AM
From: David Rubin  Read Replies (1) of 338
 
Ouch -- secondary priced at $13. That doesn't bode well.

You can blame it on market conditions, but if the company thought they could do better they should have postponed the offering. They probably need the money so bad that they couldn't.

I was hoping support at 17 1/2 would hold, but now I think we're headed lower from here. Good luck to all.
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