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Non-Tech : Nabi (NABI)
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To: tom dooly who wrote (33)2/14/1997 8:30:00 AM
From: The BayWatcher   of 354
 
The DLJ analyst following NABI said yesterday that
he expects NABI to release earnings on Tues. or
Wed. next week. He also said that they may have
some positive news on the results from the
HBIG-IV-- only good news can come of this since
NABI is expected to file for FDA approval for this
product at the end of March. Beyond the obvious
strengths in NABI, the stock is benefitting from a
rotation of money into drugs and biotechs. Just
look at MRK, GNLB, BTGC and you'll see. I maintain
my prediction of 13-15 by next week. Finally, and
VERY IMPORTANTLY, a publication called The
Professional Tape Reader rates stocks in various
stages from 1-4 with 2 being the breakout stage.
They show NABI in stage 1 but moving into Stage 2
at 12 and change. They note that one of the ways
to confirm the move into stage two is heavy volume,
which we are seeing. Remember, FOLLOW THE MONEY!
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