CYPB - Cypress BioScience Message Board

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Biotech / Medical : CYPB - Cypress BioScience

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To: tuck who wrote (536)	2/15/2000 8:04:00 AM
From: BRAVEHEART	Read Replies (2) of 586

Hi Tuck, I would expect the CEO to filter out a few chunks of this exercise. There have been at least four large blocks totaling say 500,000 shares. The key to understanding this activity is two-fold. The CEO erercised a lot of stock. L-R has been accumulating a lot of stock. Rarely can a company move a stock unless enough hands hold the stock with an interest & more importantly an ability to move the stock. Sure we will likely see the sale of some stock ( lg blocks )... : ) But I don't expect to see a dilutionary effect until the stock trades a tad bit higher...say $6 plus Well the answer on when NEOP's Warrents exercise date takes place is out. They are currently exercisable at .75 I believe. This gives them a total position of 6 million shares once exercised. Avg of .60 a share. I'm looking for some large block transactions at NEOP to signal the next move. We shall see. freeedgar.com PS: I won't be taking any time off in the near future. Not if I can help it. BEST WISHES Jeffrey

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