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Non-Tech : Nabi (NABI)

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To: Jeff Dutter who wrote (156)5/11/1997 11:25:00 AM
From: The BayWatcher   of 354
 
Jeff, I agree with your outlook for NABI. There
had been very litle discussion because there's
little to talk about. I expect NABI will trade
between 6 and 7 until we approach the next earnings
announcement. At the current price, I believe
investors are buying NABI's plasma business and
current products at a discount and, more
importantly, getting the drug pipeline for free.
Once the drug pipeline matures, this stock will
soar. Unfortunately, it looks like 1998 rather
than 1997 will be the year of explosive growth for
NABI. That's when their new lab will get licensed
and some products should get approved. This year,
I suspect we'll see the stock trade as high as
10-11 if we're lucky with very litle downside from
here. Good luck to all.
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