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Biotech / Medical : Biotech Valuation

CRSP 55.11

-2.6%

Nov 7 3:59 PM EST

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To: david james who wrote (739)	3/1/2000 2:10:00 PM
From: RWReeves	Read Replies (1) of 52153

An interesting situation that our valuation and trading experts may find amusing. NERXP- convertible preferred issue of NERX. Bid 16 Ask 23 Same B/A for the last few weeks. A real money pump operation. I've jumped in and narrowed the spread at times to 18/22 but it goes right back to here. Ain't OTC grand? RWR

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