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Biotech / Medical : North American Vaccine
NVX 1.210-14.2%Nov 4 3:59 PM EST

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To: David Bogdanoff who wrote (377)6/24/1998 7:10:00 AM
From: Don W Stone  Read Replies (1) of 507
 
David: The sell had nothing to do with the basic fundamentals of NVX.
But why now is anybodies guess and I wouldn't be to concerned about it.
For all I know it was brought on by a devorce settlement. Afterall we don't know if the seller was an individual or an institution or a fund

Just maybe the seller put it up as collateral on a loan on a nice marina in the Bahamas and it was the marina or the stock. In that case he perhaps made the right call. :-}
As you see one can go wide on the question.

I think the odds are that it was held by an individual who acquired the shares at the offering price if not before the Company even came public. I understand it was a LONG time holder who sold and a LONG time holder who bought. Could be an institution was not involved on either side.
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