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Biotech / Medical : Biotech & Pharma.T.A,

BIB 88.17

+3.2%

4:00 PM EST

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To: Jibacoa who started this subject	2/4/2003 3:18:51 PM
From: tuck	Read Replies (3) of 3722

Hi, Bernard, How are you on climax selling patterns? ISIS and MLNM both off hard on significant volume, both hitting new lows, perhaps all time lows. ISIS apparently pricing in expected failure of Affinitac lung cancer trial. Perhaps MLNM is pricing in expectations of less than stellar solid tumor results for Velcade. Can't think of any other fundamental reason. It smacks of a fund bailing on both. Many bears calling for a pretty rapid downdraft in the indexes, so perhaps the bottom is not in for those two stocks yet. But geez, they're getting awfully tempting. Of course, I acted on such temptations a couple of weeks ago with TLRK and RIGL, and was early then, too. Cheers, Tuck

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