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Biotech / Medical : NEORX(nerx) -- Ignore unavailable to you. Want to Upgrade?


To: Anonymous who wrote (574)2/18/2000 4:47:00 AM
From: Daniel Levy  Read Replies (1) | Respond to of 661
 
a buyout????



To: Anonymous who wrote (574)2/18/2000 7:51:00 AM
From: OldAIMGuy  Respond to of 661
 
Hi A, BioTech Rally seems to have taken everyone by surprise. NERX's recent performance is great. Late December the price was still $1.50! It's not so much "news driven" but momentum driven.

I've been parting out shares as the price rises. Some were sold at $9-1/8 yesterday. My Cash Reserve for this stock is pretty well fully funded. I can now slow the pace of selling and still feel comfortable.

I've been waiting for the Convertible Preferred stock (NERXP) to start to rise. It's been stuck at $19-7/8 for some time. I'll most likely keep those shares for either conversion or yield through maturity.

The Common is looking like it will be some fun to trade again. I was beginning to doze off during 1999 with it not doing much but cycle around the $1.50 - $2.00 range.

Best regards, Tom



To: Anonymous who wrote (574)2/22/2000 4:40:00 PM
From: Anonymous  Respond to of 661
 
Just look at the daily volume on this stock since December 1, 1999 as compared to the period before that. And in the last several trading days the volume has really jumped up. I've got to stop watching and jump in myself. I believe this dude is going to be bought out by a very prominent and lately prosperous cancer drug developer whose stock is also on the move. Today was another 2 million plus shares traded.