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Non-Tech : Nabi (NABI)
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To: Deca Row who wrote (226)11/16/1997 8:31:00 AM
From: The BayWatcher  Read Replies (3) of 354
 
3 1/2 looked like a very good buy on Thursday afternoon. Unfortunately, I do believe that NABI's management has deceived shareholders throughout much of this year. Because of that I chose not to buy NABI even at 3 1/2. NABI's pipepline has also been a complete failure. If management is replaced or if NABI tanks below 3, I may consider re-investing. At 2 7/8, I would probably buy 3000 shares. If it doesn't go that low, I frankly won't regret buying at 3 1/2 beacause of my total lack of confidence in this management team. With so many great undervalued tech companies like ASND, COMS, and XLNX as well as others, I question the wisdom of bottom fishing for a proven loser (NABI) with no track record of success and less than honest managers.

P.S. If you think I sound like Gury, maybe you re-read my last few posts.
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