Biotech Lock-Up Expiration Hell Portfolio Message Board

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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: tuck who wrote (769)	3/11/2003 9:27:38 PM
From: Jibacoa	Read Replies (1) of 1005

GNVC: <<Tempting, but going to wait until something significant develops or they get really silly cheap>> Yes, it remains on the downtrend that started after its Dec.11-Dec,12 double top at the 4.42 level. It has now considerable resistance at the 2.81 to 2.85 level from its February Hs. Will have to watch wether it can form a base at the 1.75 level or it will retest its Sept.21 L at 1.50 They have enough cash for 3 more Qs at their present burn rate (including the 2M they are to receive from the NMRC for the work on the malaria and dengue vaccines.) Message 18436484 I would stay away from it until it can close above 2.50 and we are trading on a "better environment" than at present.(It is still not good to buy stocks when they are out of season.<g>) siliconinvestor.com RAGL Bernard

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