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Biotech / Medical : NVS: Novartis AG -- Ignore unavailable to you. Want to Upgrade?

To: Night Writer who wrote (49)	6/1/2001 6:28:30 PM
From: Davy Crockett	Read Replies (1) \| Respond to of 116

... thats what I thought... exited NVS @ 40.80 or so... too bad! I like what I have read so far. I will buy back in when the (macro) environment is favourable. FWIW Regards, Peter

To: Night Writer who wrote (49)	6/3/2001 8:43:58 PM
From: t2	Read Replies (1) \| Respond to of 116

I think you made a good buy in the sector. There was a big increase in short interest on the stock in May on NVS in New York. Data just out. I guess many were expecting a big selloff after the cancer news and placed a lot of short bets. To me the increase seems too much and therefore believe we should get a nice rally in the stock very near term--to at least 45. biz.yahoo.com Shares Short 6.03M Percent of Float 10.4% Shares Short (Prior Month) 4.16M Short Ratio 8.58 Daily Volume 703.0K and....more positive news out this weekend.http://biz.yahoo.com/prnews/010602/nysa001.html