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Biotech / Medical : Biotech Valuation
CRSP 56.45-2.7%3:59 PM EST

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To: tom pope who wrote (9432)11/6/2003 4:12:49 PM
From: Biomaven  Read Replies (1) of 52153
 
Well I also couldn't resist the $26, so I sold my remaining shares. Maybe I'll get back in later if there is a pullback.

Interesting to see strength in AKSY today - maybe some shorters playing the Durus twins got burnt in ESPR and so were forced to cover AKSY as well.

The Durus stake in both companies is of course something of a time bomb. One way or another those stakes are likely going to come back onto the market. Maybe they'll handle it like another IPO, or perhaps PFE or someone will just take the opportunity to gobble one or both companies.

Peter
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