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Biotech / Medical : Noven Pharmaceuticals (NOVN)

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To: Todd D. Wiener who wrote (19)10/14/1997 1:17:00 AM
From: John McCarthy   of 66
 
Todd -

I'm in 800 shares @17.00. Been in for awhile.

I have not sold because the bulk of what I own is in
BIOX , BTGC , PTIS , TRMB. (several yrs.) and I don't want
to sell any yet.

Noven was a warm-up - buy some to get comfortable - and
before long I knew I made a mistake. I am terrible when it
comes to facing the music and cutting losses though.

I will sell when the opp. arises. Or hold if things change.

I think they're expected to do $0.23 eps for next year.

I cannot imagine how anyone can guess what their
top number is going to be qtr. to qtr.

Regards,

John
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