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Biotech / Medical : Aviron
AVIR 3.015-13.6%3:32 PM EST

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To: David who wrote (83)8/1/1997 2:21:00 PM
From: nelli   of 645
 
I think they are trying to keep the price up until the secondary offering is over. I wouldn't be surprised to see it go up even more. More money for AVIR is more money for the underwriters. I think the best time to short is when they announce that the offering is over. Good Luck to all. Anyone has a guess as to the final high? Today a huge block just went off, around 400,000 shares, I'm glad to see it didn't go over 27 again, but had the market conditions been more positive they could probably have gotten 28 or 29. Next week will tell. I just wonder who are all these funds and managers buying at these exorbitant prices. I'm glad I invest my own money. No wonder 95% of mutual funds don't perform better than the S&P 500 index!

haolin, PLC just got hit with a class action lawsuit. That will eat more into revenues. $11 might be too high to cover? or too greedy on my part.
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