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Biotech / Medical : ABR Information Services (ABRX)

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To: Jim Mac who wrote (98)12/12/1997 4:01:00 PM
From: Toby Zidle  Read Replies (1) of 156
 
ABRX announces record revenues and net income for the quarter, beats Street estimates, and loses -$7/8 on HUGE volume (>20x avg volume). It looks like institutional profit taking, yet selling to other institutions looking forward to 1998. Several of the individual trades were at volumes apprx equal to a full normal day's trading. Any comments?
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