Nabi (NABI) Message Board

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Non-Tech : Nabi (NABI)

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To: The BayWatcher who wrote (125)	4/3/1997 8:52:00 AM
From: Xpiderman	of 354

Hi, Baywatcher, you mentioned: "recent 10K filing on 3/20/97 by NABI and noted that the number of shares outstanding has fallen from 35.7 Million in September to 34.7M on 3/20/97. Of the 34.7 Million, 33.1 Million are held by non-affiliated entities and individuals." Where did the 1 million shares go? NABI's share buy back program to distribute to employee as incentives? I must say NABI is undervalued, but this under valuation alone is not a good reason to buy this stock. I want to see a technical positive signal before I jump in again. With today's market condition, I would rather lose an opportunity than cash. Xy

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