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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bob Trocchi who wrote (4646)11/4/1999 4:29:00 PM
From: Marconi  Respond to of 10293
 
Hello Mr. Trocchi: NVX
NVX reported after the close today, see
biz.yahoo.com
Looks like they are down to about $1M cash and have a monthly burn rate in excess of that. This is after doing their Certiva vaccine for some time now. I wonder if it will gap down at the open tomorrow.
Any opinions? I have an order to box at 4+ but am debating whether to cancel it. I've watched NVX since at least 1991 and there has not been performance to make them a going concern. They sold the story repeatedly, but I wonder if now is the time they will not be able to raise more cash to chase after the minor operation they have in hand that sports a negative return....?
Best regards,
m

BTW, I tried to short some WEBB at 14-1/2 15 minutes before the close. Just 500 sh. Not sure if it can get hyped higher to 16 - 18 or not. My sense is this week is the week to short. Whoops it is Thursday. Let me revise that to enlarging the position by next Tuesday by another 500. Target sub 10, ultimately belly up.



To: Bob Trocchi who wrote (4646)11/4/1999 4:32:00 PM
From: Marconi  Read Replies (1) | Respond to of 10293
 
Hello Mr. Trocchi: ZIXI
What is your sense of the likely high for ZIXI near term? How much downside do you think could occur after that? I presume we both ultimately ZIXI will be fixi to nixi.
Best regards,
m