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Non-Tech : Nabi (NABI)

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To: Xpiderman who wrote (176)	7/20/1997 2:26:00 AM
From: Deca Row	of 354

Xy Yes it did seem like some of the big money has moved out. Alough we have seen some insider buying in the past month who's to say they always buy at the bottom. The removal of their V.P. of Manufacturing worries me. Is there problems with the new H-BIG formulation (remember they were to announce approval in 1st qtr) or is it that the new manufacturing facility is not on schedule to receive PLA and ELA licensing (or both)? They have also been operating without a key member in the Marketing Dept. until the recent hiring. We have seen poor marketing efforts which was indicated by the decrease in sales.(I don't believe Gury's reasons) Hell, their website has been under construction for quite awhile and it's only until just recently they have been working on it. Although Gury has done a good job bringing us here, it is my belief he is just too optimistic with analysts. Another worry I have is the amount of inventory of H-BIG and if the above problems do become fact. We also must have nabi develope a drug on their own instead of acquiring them. While the centers seem to be performing well, we could see more competition from Serologicals(sero) in near future.

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