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Biotech / Medical : North American Vaccine
NVX 1.410-6.6%Nov 3 3:59 PM EST

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To: Don W Stone who wrote (50)11/2/1996 1:22:00 PM
From: aknahow   of 82
 
Don, Once saw a tape with Sturza and other experts on bio techs. My impression is that he is a very intense person and like all of us would hate to be wrong. Being wrong for an expert selling advice probably hurts even more. While its irritating to have someone pan a stock one likes try to remember some of the great ideas in your own post. Wish I knew a situation as well as you know NVX. Every time the "expert" says something wrong one has a better opportunity to make money. In the short to medium term its a pain but longer term its got to pay off. So relax, enjoy it, and use this as an opportunity. I prefer letter writers like Sturza who are willing to talk about stocks they don't like with explanations of why.
Even when wrong on their buys or shorts one can learn something from their reasoning. NVX shares some of the blame as their press release seemed to take a long time after presentation was over and was not that clear. Some of the post to SI have been very clear. I would not short this stock, or sell it based on the info you and others have provided. In the past owned puts on it and lost.
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