SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : IVAX Insider Trading -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (426)1/18/1998 10:01:00 PM
From: 5,17,37,5,101,...  Read Replies (1) | Respond to of 756
 
My letter to Frost received no response; however, he answered more or less through his actions:
..I asked for a repurchase; we received one.
..I asked for insider purchases; we received more than I expected.
..The Paxene info is moot.
..As for the sale of Ivax; the poison pill indicates Frost's ..willingness to negotiate albeit at higher (and fairer) prices.
Overall, my Ivax position is on hold with an inclination to buy more.
I will load up on OLGC Tuesday;
Purchase more IDTI and RATL on retracement into 10 area;
Purchase more IMCL (C225Taxol that may trump BM-S) on strong move below 5.

I feel that this Asian crisis is on the mend, at least temporarily, and will provide our market a nice wall of worry to climb in the next several months.

Jackson