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Biotech / Medical : Micrologix biotech

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To: Carter Berezay who wrote (582)9/25/1999 1:18:00 PM
From: Carter Berezay  Read Replies (1) of 792
 
ALL,

Gordon was the big buyer yesterday picking up about 280,000 MBI shares from the opening. I would guess their average cost was in the $3.05/share range.

Then they moved it up to the $3.15 - $3.25 range and then jumped to the sell side. They were on the sell side almost all afternoon. I guess they dumped about 50,000 back on the market.

Any thoughts as to what they're up to besides making about 10-15 cents/share?

Carter B.
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