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Biotech / Medical : Aurora Biosciences (ABSC)

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To: THE LEPRECHAUN who wrote (22)10/15/1997 1:48:00 PM
From: gerald tseng   of 359
 
To all:

Today's trades so far has been centered around 3 big trades. 50k at 14 15/16, 45k at 15 1/16, 125k at 15.125. The other 17 trades (total 20 trades so far at 1:45 pm EST) scatter around 14 15/16 to 15 9/16.

Looks like MM are trading positions or they are moving large block for big customer (mutual funds?). IPO's 6 month lock out is not due yet (in Dec), so I will take this as good news, indicating higher price ahead.

Hope I am right.
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