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Biotech / Medical : Novartis
NVS 125.48+0.4%Nov 5 3:59 PM EST

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To: AMF who wrote (159)1/30/1998 8:20:00 AM
From: TheSlowLane   of 296
 
I don't know where you are getting your numbers but the chart I just looked at shows NVTSY moving from 58 a year ago to 85 now. The quote detail does indicate a 52-wk high of 94 3/4 but I don't see it on the chart and I certainly don't remember it happening over the past year (about the length of time I have held it). What are you referencing when you say they are "so far behind" the US counterparts? In terms of a recent run-up? It will be interesting to see if anything happens today. Organogenesis got the nod on a skin graft product from the committee that recommends to the FDA. This was apparently not expected, there is a large short interest in Organogenesis. Novartis will be marketing the product in the US if it receives FDA approval. I'm in for the long term and think that despite the great return I've gotten thus far, it's worth waiting for more.
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