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Biotech / Medical : WPI Watson Pharmaceuticals

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To: Adelle who wrote (29)	2/25/1999 3:18:00 PM
From: Doughboy	Read Replies (1) of 61

Well, finally some reaction to the upgrade. My hope is that this is an analyst who's spoken to management; sorted through the thicket of misinformation about FDA warning letters etc.; and gotten a good sign about upcoming earnings. Hope this propels us back over 50. Adelle, do you have any guess on why WPI spiked 10 points on the last day of December and then came down 10 points on the first trading day of 1999? I can't seem to figure out what happened Why would anyone want to manipulate the stock around those dates--I don't think it was options-related. That's one somewhat fishy thing about WPI; it seems to spike up or down inexplicably throughout the year. Thanks. Doughboy.

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