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Biotech / Medical : MedImmune

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To: Diane who wrote (174)1/18/2000 5:20:00 PM
From: Toby Zidle  Read Replies (1) of 416
 
Re pleconaril's company, ViroPharma (VPHM):

If you owned it Friday, you were a big winner. If you bought it Tuesday you were almost certainly a loser.

VPHM closed at $42 Friday.
An Island quote Monday night showed last trade at $50.
VPHM opened trading Tuesday at $77 7/8, went to a High of $85.
The Low near the end of trading is around $56 1/2. (I show 100 sh @ $51 and 100 sh @ $45 - I think both are bad quotes.)
The close at 4 p.m. was $58 1/4.
Island (after-hours) quote at 17:17 is $59 1/2 (RTQ as I type).

My conclusion: VPHM may well be a company to own, but not to have rushed into this morning (except for Shorts). It's on my Watch List, but I want to see some stability first so I can get a truer picture of 'realistic' support/resistance levels before I buy.
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