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Biotech / Medical : Munch-a-Biotech Today
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To: aknahow who wrote (280)3/18/1999 10:25:00 PM
From: LLCF  Read Replies (2) of 3158
 
< Have a hard time thinking the move from 89 th place was due to retail buying.>

What is Investors Business Daily's "biotechs" that you speak of??? If it's some cap weighted index I have no problem believing the move was institutions and individuals piling into AMGN,SEPR,IMNX for example.

< Perhaps some of the pharmas have already taken pre announcement positions below the disclosure limits?>

Have you really heard of this sort of thing happening?? Haven't heard of that sort of thing since the Robber Barrons of the 80's... Icahn, Boesky, etc.

DAK
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