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Biotech / Medical : North American Vaccine
NVX 1.410-1.1%3:59 PM EST

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To: Rick Strange who wrote (338)3/26/1998 10:24:00 AM
From: Don W Stone  Read Replies (1) of 507
 
Rick : I am sure that by now you read my answer over on Yahoo.
You knew how i would react and I knew how you would react.
I like what they reported. I don't place any value in old numbers at this time. The analyst will tell you that until NVX gets approval they aren't. So I call it "garbage in, garbage out"
This is a developement stage company doing just what I would want a development stage company to be doing. Spending more on R & D, Clinical trials and production of a soon to be approved product.
What is wrong with that if you have a lot of confidence in NVX management on making the right decisions? If you don't believe in NVX management to make the right spending decisions then indeed you should not be in the stock. If your one with the capacity to hate then short the sucker.
I say that because I am totally blind to seeing any logical reason to short NVX at this point as you well know.
I would be very surprised if you are really still short NVX today. My bet would be you are covering here.
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