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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: Extra Pale who wrote (750)1/12/2003 10:49:27 PM
From: Jibacoa  Read Replies (1) of 1005
 
GNVC Did pretty good from November 20( the date of my previous note.<g>) until its double top on December 11-December 12 at the 4.42 level.

In November it said that a Phase II study of Biobypass angiogen showed significant positive results in patients with severe artery disease.

GenVec said then that the Biobypass group showed "significant improvement in all endpoints".

The stock bounced back (on an up-gap)from the $2.50 level on Thursday, but experienced some profit tacking on Friday. It needs to close above $3.50 to get off its present down-trend.

Message 18256181

Bernard
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