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Non-Tech : Nabi (NABI)

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To: Xpiderman who wrote (71)	2/28/1997 10:29:00 PM
From: The BayWatcher	of 354

I bought more today at 9.625 because I see 8.875-9.00 as absolute bottom absent any unforeseen negative news with upside of 3-4 points in short-term. Also, the last day of the month is typically sell off day for mutual funds wanting to lock in profits for the month. Given the terrible month of Feb. for some of the tech stocks, the money managers may have wanted to offset those losses with gains in companies like NABI and others. IMO, the risk/reward ratio at the current price clearly favors buying. I did not hesitate today and don't think anyone should.

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