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To: rupers who wrote (576)2/1/2001 6:48:43 PM
From: rupers  Respond to of 2402
 
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Rupers portfolio for the stock-picking challenge.



To: rupers who wrote (576)2/6/2001 9:13:41 PM
From: Oak Tree  Read Replies (1) | Respond to of 2402
 
NABI Took a dive. Think this is long stock not a short. Earnings come out the end of the month.

Nabi (NABI: news, msgs) retreated more than 14 percent after the Boca Raton, Fla., biopharmaceutical firm reported on the progress of clinical trials of its StaphVAX vaccine. The company said it's moving forward with stated plans to conduct a boosting study of StaphVAX in patients with end-stage renal disease and that it's making progress with the scale-up of manufacturing operations for commercial production of the vaccine. However, investors appear to have been spooked by news that Nabi is making plans for a second phase-II trial of StaphVAX based on input from the Food and Drug Administration. The company plans to appeal the agency's decision about the need for a second trial and request a meeting with the FDA's vaccines and related biological products advisory committee. Shares fell 78 cents to close at $4.69.