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Biotech / Medical : Pluvia vs. Westergaard

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To: Tom C who wrote (632)8/29/1997 10:48:00 PM
From: Mike Kaufman   of 1267
 
Mr. Pluvia is (or at least was) the proud owner of 4,000 shares of ILT, a competitor of PLSIA. The stock has steadily declined since his purchase at around 8 5/8, closing today at 5 3/16, with 7,100 volume. Those looking for the motivation behind Mr. Pluvia's rabid attacks against PLSIA need look no further. He is down more than $12,000 in little more than a month on this one trade alone, not to mention his dollar per share loss he has also incurred with his purchase of ARKR at 10 1/2 (it closed today at 9 5/8). I am amused that so much time has been spent discussing the desparate and peculiar trading tactics of one obviously egocentric individual. I, for one, would like to thank Mr. Pluvia for any part he may have played in helping to drive down the price of PLSIA so I can buy it at such bargain basement prices just prior to FDA approval for use on children. It might be wise for Mr. Pluvia to cut his losses in ILT and load up on PLSIA. It might also be a good idea for him not to continue bragging so much about his investment savy. I am not an experienced investor, but I have never lost so much on a trade as he has currently lost on ILT.

Mike Kaufman
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