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Biotech / Medical : Aurora Biosciences (ABSC)

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To: Czechsinthemail who wrote (113)6/23/1998 10:09:00 PM
From: John Dwyer  Read Replies (1) of 359
 
Beats me Baird. I've seen this happen with many good "platform"
biotechs recently... they are just getting killed. ARQL, MCDE, ARIA
and MLNM to name a few. I'd be careful with ABSC, though, with the
heavy insider selling this Spring and the recent resignation of the
CTO. I have my own reasons for concern which I have highlighted
earlier on this thread. I do think that at $6.5 it is more attractive
than it was at $12 but I want to see the story unfold some more
before I jump in.

John
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