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Strategies & Market Trends : Trader J's Inner Circle
NVDA 180.94-1.5%Dec 11 3:59 PM EST

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To: Bradpalm1 who wrote (2793)12/30/1998 10:34:00 PM
From: hoffy  Read Replies (4) of 56535
 
Wasn't getting FDA approval for some of their drugs key to ASCT getting a buyout bid. That's what we are looking for isn't it. Why would someone want to buy them out if they don't have the approval for their drugs. I thought this was a huge setback but maybe I am wrong. When will the other drugs come up for FDA review. Without approval on any drugs ASCT will never be a buyout candidate.
WIth the light trading I wonder what will happen when the masses get back next week. I hope the buyout is on the table then.
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