Avid Bioservices Inc (CDMO)

[jakedogman1]

As of 9/30/06 Zimmer Lucas had a position of over 4 million shares. Zimmer Lucas was involved in a PIPE financing for PPHM in 2001 so they know a little about PPHM. I talked to a friend in the hedge fund industry about PPHM and he looked at the institutional interest. His comment was that the Zimmer Lucas folks were very sharp and they focused on utilities. My question is why would they invest outside their area of expertise? Are they involved in another PIPE?