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Biotech / Medical : AFFYMETRIX (AFFX)
AFFX 14.010.0%Apr 1 5:00 PM EST

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To: William Marsh who wrote (464)8/25/1997 8:28:00 PM
From: Paul Weiss   of 1728
 
Looks like a case of 'Buy on the rumor, sell on the fact' to me. This pattern of the stock running up before any news being released is starting to be a concern. Somebody is in the know, AND wagering substantial sums. Management needs to shore up the leaks now... or we shareholders will suffer the consequences (and in turn inflict our wrath on the insured management). The only winners in this sort of scenario is the shorts. And if I see any more conspicuous stock movements, I'll be with the shorts. Though greatful for such good news, I am wondering if AFFX is worth the risk. Regards, Paul
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