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Biotech / Medical : Biotech Valuation

CRSP 57.37

+0.9%

3:59 PM EST

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To: Biomaven who wrote (1914)	11/1/2000 12:20:59 PM
From: Biomaven	Read Replies (2) of 52153

I'm not sure if this is a tantalizing harbinger of things to come, or just an isolated incident, but note the big pop in OSIP today after their financing was priced. (For those who weren't reading this thread during the Jan-March bubble, one of the key indicators we noted were pops in conjunction with follow-on offerings. We surmised this was caused by institutions that didn't get their fill in the offering itself "topping off" on the open market. When this phenomenon stopped, that in retrospect marked the time to jump from the runaway train <g>). Peter

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