Biotech Valuation Message Board

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Biotech / Medical : Biotech Valuation

CRSP 56.71

+0.4%

Dec 24 12:59 PM EST

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To: LLCF who wrote (6934)	8/19/2002 11:58:09 AM
From: Logain Ablar	Read Replies (1) of 52153

DAK; If one goes by the action in DYN and extrapolates it to ELN (of course all situations are different) then when ELN announces a sale of one of its assets the stock should break upside resistance in the $2.70 area. Also in my experience when a company removes a floorless (its debt obligation allowing the debt holders to short with abandon) the stock also has a strong move. I noticed this one when you commented on it over @ CFZ. I have positions between $1.8 and $2. I am assuming there are no more skeletons in the closet (except for further portfolio writedowns) or all bets are off. As far as I can read the odds (odds only) favor the long side on this one. Tim

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