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Biotech / Medical : IVAX Insider Trading -- Ignore unavailable to you. Want to Upgrade?

To: flickerful who wrote (517)	2/11/1998 11:30:00 PM
From: 5,17,37,5,101,...	Read Replies (3) \| Respond to of 756

The Miami Herald has some IVX news that hasn't made it onto my library Infotrac yet but here are partial excerpts from the Herald web site: herald.com The real irritant here is the reference to IVX as "the world's largest generic drug company." HaHa! IVX isn't largest in sales or market capitalization anymore. In the past, this reference was a facade. Looks like Frost is "unflappable" behind the desk, but the flaps on the PanAm planes better work well for his sake. Why quote his net worth in 1996? I guess I can quote my net worth in 2012! Hey, I'm a multi millionaire! Still long some shares of IVX; Bethune's plan looks good. Price action looks OK. Did you see TEVIY disaster? down $9.00. Jackson ********************************************************************** SETTING THE RECORD STRAIGHT Published on 02/09/98, Article 1 of 6 found. Phil Frost is the Chairman and Chief Executive Officer at Ivax. An Insider Trades item in last week's Business Monday indicated otherwise. (THE MIAMI HERALD , 43 words.) Complete Article DELAYED TAKEOFF: FLYING WITH A NEW CEO AND BUSINESS PLAN, PAN AM HOPES TO STOP THE FINANCIAL CARNAGE AND RETURN THE LUSTER TO AVIATION'S MOST STORIED NAME. Published on 02/09/98, Article 2 of 6 found. When Pan American World Airways launched its first flight in late September 1996, its expectations of capturing the market were sky-high. The airline's plan was to expand quickly while offering superior service at reasonable prices, giving new luster to a golden name. Amid all the fanfare of the inaugural flight, surrounded by well-heeled investors, then-President Martin Shugrue Jr. beamed from the First Class section, ''Our objective is not to be Wal-Mart-- our objective is to be Tiffany's.'' (THE MIAMI HERALD , 3041 words.) Complete Article DR. PHILLIP FROST Published on 02/08/98, Article 3 of 6 found. Pharmaceuticals entrepreneur Dr. Phillip Frost glances at a computer screen of stock market quotes, then lights a cigar. Not that there is anything to celebrate -- an after-lunch cigar is a daily habit. In fact, the market is up, but stocks this day in his company, Ivax, the world's largest generic drug manufacturer, are down. Frost seems unflappable; after all, the company has helped make him one of Miami's richest men, worth nearly half a billion dollars in 1996, according to Forbes magazine. But (THE MIAMI HERALD , 640 words.)