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Biotech / Medical : NABI--Trouble Ahead?

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To: jfrancis who wrote (5)4/2/1997 9:32:00 PM
From: Charles A. Peele   of 12
 
Dear jfrancis,

I bought thinking that earnings improvements would move the stock. Wanted to make a quick buck! I'm now angry with my self because it was an "unresearched buy". I bought at 12.

Still haven't done the necessay work - to determine if I should buy the stock. Future prospects at a "reliable pe of 17" are comforting.

Ask Mr. Gury if he'll stake everything for nabi. Charts don't lie - (opinion) all companies run scared without a "pipeline to innovation".

For me - it's a learning experience.

Lotta stuff to try and understand. Messr. Buffet, Templeton, Lynch, Price,etc. are trustworthy.

I'm rambling and hope to recoop some of my loss.

When I said double down - it was simply an effort to save face.

best,

cap

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