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

To: Mike C2 who wrote (575)	3/18/1998 11:27:00 PM
From: flickerful	Respond to of 756

<<noone seems to be crowing about their 50% gain from the 6s to the 9s...i spose that's a sign this is a more adult thread.>> hhaaaha... we are definitely, if nothing else, an adult thread. just no perks from frosty yet, XXXX, or otherwise. we simply maintain an often strained sense of humor. basf sounds right, but let me check. regards, randy

To: Mike C2 who wrote (575)	3/19/1998 12:42:00 AM
From: Charles Holewinski	Respond to of 756

Hi Mike, I do have some of those 50% gains from 6 to 9 only because I bought down to lower my overall price which is still at 14. Sooner or later someone is going to take this outfit over. That is my gut feeling. Actually the safe way to play this company is through their convert bonds, the 6.5% of 11/01 which are selling for about 86. I don't know much about BASF except that about two years ago or so just before IVAX went into free fall, BASF had a bunch of IVAX stock and it looked as if they were going to take IVAX over. Then when the stock price fell it looked as if BASF might provide some financial support to IVAX in order to keep it afloat and to protect their investment. Well, I don't think that any of this has happened but apparently BASF still has an interest in IVAX which is good news since in my mind this will provide some assurance that IVAX continues.