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Non-Tech : Nabi (NABI)
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To: The BayWatcher who wrote (61)2/26/1997 2:16:00 AM
From: tom dooly   of 354
 
I agree! The price will take care of itself. I have seen NABI's stock price do this before. In the past it took about a week or two before the price began moving again. Be patient. It's going up. NABI credits won't run out for a long time. These credits (I think) are continuing to grow. I don't believe the original credits from the Univax merger were as large as those reported remaining on the last earnings report.

NABI has had continuing improving or flat earnings every quarter for several years if you exclude when the merger occurred. Even starting over again after the merger the same is true....and it will continue to be true. Gury (CEO) is an x-Abbott Laboratories employee and it appears he is following the lead of Abbott in reporting higher earnings and sales each quarter. This goes back to the time Abbott and NABI got together. I don't beleive Gury will report blowout earnings but he will continue to report steadily improving sales and earnings. This shows how solid and strong NABI is.

When the market finally discovers NABI, it will move up significantly. But until then, it will continue to slowly creep up. It is beginning to trade more actively so I believe this market is beginning to realize NABI's value.

I still stick by my original conservative prediction that we will see it break through the old high of $14.75 by the end of May 97. It could happen sooner but I'll be patient and not get frustratrated before then....just gives more time to accumulate more. We should all be happy. It's not often you have the luxury of slowly buying stock of a great company that has not been discovered yet.....but it will be!

Tom
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