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Biotech / Medical : IDBE - ID Biomedical

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To: Edward W. Richmond who wrote (13)9/9/1999 10:19:00 PM
From: Kaiser Soza  Read Replies (1) of 25
 
Hi Ed, I couldn't agree more. ID Bio was featured in the Sept. 10th issue of Canadian Business magazine and the article was very good as it explained the cash crunch issue combined with the excellent opportunities. I find it hard to believe these guys can't come up with some money which would buy them a couple of years of burn rate, and thus allow some analysts to have the comfort level to recommend the stock. Perhaps the market at $3.25 Canadian is telling us that this issue may be soon resolved since the company is operating on fumes at this point. Great science, huge market potential, brutal financial planning!! I hope the fundamentals win the day. Regards, Kaiser...
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