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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: michael_f_murphy who wrote (7807)	3/31/2000 8:58:00 AM
From: LLCF	Read Replies (2) of 9719

Thanks for the info that CELG sold 2.5 million shares [and Hancock .5 million] shares @ $101 netting the company $12 per share. In addition the stock is set to split this weekend. As for SEPR, the $400 million dollar convert has strike of about $93 and the overalotment was fully exercised [$60 million]... so not quite as dramatic as the others, but still raised $5-6 a share. As we know VRTX has really cratered after it's convert as well. My buy list now: INCY, MLNM, VRTX, SEPR, CELG. Thanks, DAK by the way INCY goes into the S&P midcap 400 today.

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