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Biotech / Medical : North American Vaccine
NVX 1.133-16.7%Jan 16 3:59 PM EST

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To: Don W Stone who wrote (273)2/10/1998 6:21:00 PM
From: Don W Stone  Read Replies (1) of 507
 
I should add to my previous message this comment.
The fundamentals of NVX all point to UP near term ( next couple of months) and long term ( next couple of years).
On a day to day basis I don't much care how it behaves and I would expect it to be volatile due to the low level of activity right now. I think that will all go away within the month if not sooner. Those following the technicals are perhaps alot closer to what is going on now with NVX than i am. My guess is that NVX is under accumulation.
Perhaps the Company will make a public statement when the Annual report comes out at the beginning of March. That would surely shake things up abit and just could start the stock on a steep upward climb.
Right now I do think the shorts have their best opportunity to cover. At todays volume though it will take some 400 days or so. :-}}
Now I will add though my "astute investor" says the shorts will have their only opportunity to cover when an ABBott buys NVX out for some $50 or better. Abbotts float will be able to allow all 4 million to get off the hook in a reasonable period of time. Certainly something less than a whole year . :-}
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