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Biotech / Medical : Bio Technology General - BTGC -- Ignore unavailable to you. Want to Upgrade?

To: Jim Oravetz who wrote (1913)	8/3/1999 12:28:00 AM
From: Dave O.	Respond to of 2028

Jim, I think the recent upswing is almost 100% related to potential takeover speculation. MRK just bought up some small player today, last week JNJ bought CNTO and take a look at some of the others like CORR, CHIR, PDLI. All are up big in recent weeks. Dave

To: Jim Oravetz who wrote (1913)	8/19/1999 1:10:00 PM
From: Jim Oravetz	Read Replies (1) \| Respond to of 2028

Aug 2nd, Sims sells 60K more shares. As I speculated, contract rev. was up for the Q helping them report better revenue. They were also helped by problems with a competetors product allowing an >800% increase in the low margin sales of BTGC's drug. Some Jap. income started to trickle in and overseas sales of Oxdanrin (not Olsten) helped. I noticed that the diluted earning/share numbers are calculated with out the "out of the money" options being taken into account. Does anyone know if this is common or legal or report the numbers as such? Jim