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Biotech / Medical : ONXX -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (707)5/14/2001 11:55:00 AM
From: Skywatcher  Respond to of 810
 
That's the reason we are falling so hard from the 11's.... the good news today is not helping as the fundies have to get rid of some shares I am sure.
WASHINGTON (Dow Jones)--Nasdaq will remove 16 companies and add seven to
its Biotechnology Index May 21, dropping the total to 66.
In a press release Monday, Nasdaq said it will remove the following companies: Corixa
Corp. (CRXA), Corvas International Inc. (CVAS), Dendreon Corp. (DNDN), DUSA
Pharmaceuticals Inc. (DUSA), Exelixis Inc. (EXEL), Generex Biotechnology Corp.
(GNBT), Isis Pharmaceuticals Inc. (ISIP), Kos Pharmaceuticals Inc. (KOSP), Lexicon
Genetics Inc. (LEXG), Ligand Pharmaceuticals Inc. (LGND), Matrix Pharmaceuticals
Inc. (MATX), Onyx Pharmaceuticals Inc. (ONXX), Progenics Pharmaceuticals Inc.
(PGNX), Ribozyme Pharmaceuticals Inc. (RZYM), Sangamo BioSciences Inc.
(SGMO) and Vical Inc. (VICL)

Bad timing just when we were having a nice run there...guess it's back into the low 9's high 8's until this is over.
at least we had some decent but not outstanding news today....that may be helping to soften the blow
chris



To: tuck who wrote (707)5/17/2001 1:57:32 PM
From: Skywatcher  Read Replies (1) | Respond to of 810
 
The tide has turned...the downgrades are still the bain of this stock...the mouthwash could be a good starting point for some other revenues other than the tumor virus.
bought more at 8.15 this morning just as the tide was turning...should be another round up to the 10's and 11
probably won't get much higher for the short term, although the bio thing is back on a roll in general.
chris