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Biotech / Medical : genelabs(gnlb) -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (138)7/20/1999 11:33:00 AM
From: Henry Niman  Respond to of 233
 
Some on Yahoo are speculating that GNLB is up because investors have it confused with GNE (who's IPO, DNA, just opened).

Some investors may be stupid, but not that stupid

GNLB took off at the open, consistent with a cheap Biotech being mentioned on CNBC yesterday, not with IPO orders for DNA, which just opened at 118 ( and was heavily oversubscribed)



To: Biomaven who wrote (138)7/20/1999 11:44:00 AM
From: Henry Niman  Read Replies (1) | Respond to of 233
 
CNBC just figured out
netcognizance.com
that the move that they reported earlier this morning as being on no news
netcognizance.com
was due to their report, which they reported yesterday!
netcognizance.com