ANTIVIRALS INC. http://www.antivirals.com Message Board

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Biotech / Medical : ANTIVIRALS INC. http://www.antivirals.com

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To: Marty who wrote (3)	7/8/1997 1:38:00 PM
From: IGUANA	of 167

Marty, AntiVirals just announced the exercise of the over allotment option. This not only gave the Company another $2.5 million in capital but it seems to send a strong signal that the underwriters have covered their inherant short position as they must feel the stock will get stronger here. A similar situation was seen on one of the lead underwriters other IPOs about 1 1/2 years ago (SUPG)(SUPGW). Just after the quiet period ended the stock jumped from around $6 on the combined equities to appx $24 in just 2 weeks. Im also looking for a strong PR push to start now. IGUANA

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