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Technology Stocks : SYNSORB (T.SYB)(SYBBF) CURE FOR CANCER?

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To: Jim Oravetz who wrote (149)12/14/2001 12:09:47 AM
From: John Trudeau  Read Replies (1) of 164
 
Jim, it looks like SYB offers some upside given its recent fall and its ONC holdings. It's kind of like a warrant, with respect to leverage. Each $1 rise in ONC should translate into ~.15/share increase in SYB. I suppose there's probably a discount that should be applied as the cash isn't in the bank; but, if ONC were to pop up, it would bode well for SYB. Especially at when one considers SYB is trading at .62/share.

What's your take on the situation?

JT
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