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Re: Straw5 post# 13016

Tuesday, 03/09/2004 5:00:59 PM

Tuesday, March 09, 2004 5:00:59 PM

Post# of 82595
straw5...RCAP's entrance coincides with the announcement of the La Jolla funding agreement. They were not a trader of DNAP securities prior to December 2003. I'm not a big believer in coincidence, and certainly this is JMO, but can't help but wonder whether they are bringing La Jolla shares to market.

SCHB has been a consistent presence, but historically has traded about 10% of the DNAP monthly volume on average. YTD that number is 36%, while concurrently NITE has dropped from 40% plus to a low of 14% in February 2004. I don't have any speculation to offer concerning the causes, but from a historical perspective, I find the changes themselves interesting and worthy of note.

Later,
W2P