Nabi (NABI) Message Board

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Non-Tech : Nabi (NABI)

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To: Lenny W. who wrote (121)	4/1/1997 7:12:00 PM
From: The BayWatcher	of 354

I'm just as upset as everyone else but not nearly as pessimistic as some. The entire biotech sector is being hit very hard. The good news (to the extent that there is any) is that NABI's earnings outlook has not changed. If NABI does earn .40 to .50 cents this year and .70+ cents next year then this stock should and will go to the teens. Also, look at NABI's chart for the past 2 years and you'll see its trading range is usually 9-10 and it has always bounced up toward 9-10 after reaching 6-7 levels. The only explanation I have for the huge drop is that the unexpected bad news re: the HIV drug just came at a terrible time for the market and the biotech sector. Although I think we'll be back to 8-9 levels within weeks, I don't expect any recovery until the employment figures are released on Friday and hopefully they will calm everyone. Good luck to all.

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