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Biotech / Medical : VRA (AMEX), Viragen INC.
VRA 2.560+0.2%1:29 PM EST

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To: Andrew Ross who wrote ()6/16/1996 8:50:00 PM
From: donald sew   of 1590
 
When VRGN was moving up, one day volume was over 1 mill, hwr discovered that there was only about 150 trades; therefore the average number of shares per trade was about 7000 shares per trade - I dont think so. Someone is buying a whole lot of this stock.

Checked with a broker, who has bought VRGN, and was advised that there is a rumor that there will be a substantial deal soon. Cant verify any such rumor.

At this time, I am not in the stock for 2 reasons: per charts feel it will move down a little more, and this is the first time I ever got any info from this source; therefore question accuracy.
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