04/23/08: CW BioTech: close SPPI & SIRT positions NOTE: I do NOT subscribe, but doing symbol search on ChangeWave's website, I can read the titles of the newsletter items. 04/23/2008: Close Spectrum Pharmaceuticals (SPPI) and Sirtris (SIRT), Biotech SPPI & SIRT News items: April 22, 2008: Spectrum (SPPI) prostate drug fails in mid-stage study <a href="http://www.reuters.com/article/marketsNews/idINWNAS887920080422?rpc=44" target="_blank">http://www.reuters.com/article/marketsNews/idINWNAS887920080422?rpc=44</a> April 23, 2008: Sirtris (SIRT) shares jump on buyout offer from GlaxoSmithKline --- eye-popping 84% premium to Sirtris' Tuesday closing stock price of $12.23 --- <a href="http://biz.yahoo.com/ap/080423/sirtris_pharmaceuticals_mover.html?.v=2" target="_blank">http://biz.yahoo.com/ap/080423/sirtris_pharmaceuticals_mover.html?.v=2</a> charts: SPPI ( 52 week range = 0.46 - 7.88 ) --- now trading around $1.66 <a href="http://finance.yahoo.com/q/ta?s=SPPI&t=5d&l=on&z=l&q=b&p=&a=vm,m26-12-9,r14&c" target="_blank">http://finance.yahoo.com/q/ta?s=SPPI&t=5d&l=on&z=l&q=b&p=&a=vm,m26-12-9,r14&c</a>= SIRT ( 52 week range = 9.50 - 22.34 ) --- now trading around $22.28 up about 84% from Tuesday closing <a href="http://finance.yahoo.com/q/ta?s=SIRT&t=5d&l=on&z=l&q=b&p=&a=vm,m26-12-9,r14&c" target="_blank">http://finance.yahoo.com/q/ta?s=SIRT&t=5d&l=on&z=l&q=b&p=&a=vm,m26-12-9,r14&c</a>= NOTE: SIRT IPO'd in June 2007 with 6 million shares offered at $10 <a href="http://www.ipohome.com/common/ipoprofile.asp?ticker=SIRT" target="_blank">http://www.ipohome.com/common/ipoprofile.asp?ticker=SIRT</a> SIRT 180 day locked up shares ended in Nov of 2007 <a href="http://ipo.nasdaq.com/Fundamentals.asp?cikid=736622&fnid=53568&coname=SIRTRIS+PHARMACEUTICALS%2C+INC.&selected=SIRT&market=Nasdaq+National+Market" target="_blank">http://ipo.nasdaq.com/Fundamentals.asp?cikid=736622&fnid=53568&coname=SIRTRIS+PHARMACEUTICALS%2C+INC.&selected=SIRT&market=Nasdaq+National+Market</a>