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Biotech / Medical : Biotech Valuation

CRSP 56.87

-2.3%

Dec 5 9:30 AM EST

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To: scaram(o)uche who wrote (14501)	12/5/2004 4:17:03 AM
From: mopgcw	Read Replies (3) of 52153

George) is waiting for lockup to establish a full position in ACAD. Don't blame him... history is our biggest enemy in this sector. There's more balance to ACAD than to the one-trick-pony, ARQL. Lock-up for acad was in late nov, of course I waited and poof nada to date. strange. And given the non-existant liquidity it would crush. even cytk has seen some inside dumping now that the lockup is over. when rick notes ultra-low, it is truly small -- from 700 to a couple thousand shares may trade hands on any given day. I am still generally bearish so biding my time to get more acad on dips below $7. fwiw. take care. George

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