NVS: Novartis AG Message Board

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Biotech / Medical : NVS: Novartis AG

NVS 137.99

-0.5%

1:09 PM EST

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To: Night Writer who wrote (49)	6/3/2001 8:43:58 PM
From: t2	Read Replies (1) of 116

I think you made a good buy in the sector. There was a big increase in short interest on the stock in May on NVS in New York. Data just out. I guess many were expecting a big selloff after the cancer news and placed a lot of short bets. To me the increase seems too much and therefore believe we should get a nice rally in the stock very near term--to at least 45. biz.yahoo.com Shares Short 6.03M Percent of Float 10.4% Shares Short (Prior Month) 4.16M Short Ratio 8.58 Daily Volume 703.0K and....more positive news out this weekend.http://biz.yahoo.com/prnews/010602/nysa001.html

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