To: Slugger who wrote (10149 ) 5/21/1999 4:17:00 PM From: aknahow Respond to of 17367
Sluggger, what can I say? No, I just won't say it! BVF offers insight into how one biotech hedge fund operates. - ----------------------------------------------------------------------------------------------- For the Price per Type of Trade Date By Account of Quantity Share Trade Broker - ----------------------------------------------------------------------------------------------- <S> <C> <C> <C> <C> <C> <C> 01/25/99 ILL10 Partners (5,000) $2.8750 Sale INET - ----------------------------------------------------------------------------------------------- 01/26/99 ILL10 Partners (5,500) $2.9375 Sale INET - ----------------------------------------------------------------------------------------------- 02/24/99 BVF Partners (12,400) $3.2500 Sale INET - ----------------------------------------------------------------------------------------------- 02/24/99 BVF Ltd. Partners (10,000) $3.2500 Sale INET - ----------------------------------------------------------------------------------------------- 02/25/99 BVF Partners (10,900) $3.2249 Sale INET - ----------------------------------------------------------------------------------------------- 02/25/99 BVF Ltd. Partners (9,000) $3.2249 Sale INET - ----------------------------------------------------------------------------------------------- 02/26/99 BVF Partners (9,000) $3.2500 Sale INET - ----------------------------------------------------------------------------------------------- 02/26/99 BVF Ltd. Partners (7,000) $3.2500 Sale INET - ----------------------------------------------------------------------------------------------- 03/01/99 BVF Partners (25,000) $3.0610 Sale INET - ----------------------------------------------------------------------------------------------- 03/01/99 BVF Ltd. Partners (16,500) $3.0610 Sale INET - ----------------------------------------------------------------------------------------------- All the sales occurred almost within one months time. In fact other than the first 10,500 shares the sales occurred within 4 business days. BVF IMO limited intuitive observations has a tendency to use internet brokers for sales. Do they? I don't know. But a computer sale is less visible than one done with a live person. I also think I learn something else that is obvious. Once a decision is made to buy or sell BVF does not screw around. They just get the job done. Day in day out.