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Biotech / Medical : Rigel Pharmaceuticals, Inc. (RIGL)
RIGL 35.20-2.6%Nov 7 9:30 AM EST
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To: JMarcus who wrote (89)1/7/2003 10:11:43 PM
From: Mike McFarland  Read Replies (1) of 566
 
Thanks! <weak hands> I do not understand who is left in
this market that needs to sell. Maybe some fund is cleaning
a few things out. I remember looking closely at FBIOX
in '98 and '99, selling things away that then shot up
with the whole sector by early '00. But why bother to
churn? Of course, we may be a few years from a general
sector turnaround. I suppose it is just something for
a fund manager to do to look busy...if that is indeed
why RIGL ever drifts down. Or maybe some director is
walking away. Who can say.
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