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Biotech / Medical : Aviron
AVIR 3.260+0.3%Nov 7 3:59 PM EST
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To: Dennis who wrote (356)9/2/1998 10:29:00 PM
From: John Finley   of 645
 
Not one to learn from experience, I've tried to catch the falling knife with AVIR. I doubled up this morning. One of these times I'm bound to catch the handle instead of the blade.

The way I figure it is that it's discounted to be dead money for a year. If the FDA lets them charge ahead with only an explanation it'll be a pleasant surprise. Of course general market sentiment makes logic obsolete in the short term.
JF
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