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Biotech / Medical : Neurocrine Biosciences (NBIX)
NBIX 132.64-2.3%Jan 12 3:59 PM EST

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To: paul boudreau who wrote (47)7/25/1997 12:10:00 PM
From: Xavier   of 1834
 
paul: If you missed it, then I missed it too. I was pleasantly surprised by the late-day runup yesterday and was hoping for more of the same today.

If you look at the previous run-ups you will see that they are quite rapid. I understand that they were all centered around major announcements, and the drops have been due to certain preferred stock conversions or sales. From what I understand, the last of the preferred stock conversions has ocurred, so I would assume that a run up will happen on the next positive news or a drop will occur on negative or neutral news.

The last earnings report held no surprises and the stock took a small dive. Since then, it has had very little movement.

Have a good one!
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