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Biotech / Medical : Cardiome -- CRME
CRME 2.330-2.1%May 16 5:00 PM EST

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To: Ian@SI who wrote (220)11/26/2007 5:01:51 PM
From: Ian@SI   of 285
 
More speculation that COM/CRME may be taken out within the next 3 months was reported a little earlier this afternoon on BNN.

I didn't catch the analyst's name or company (Sounded like Ghati or Bhati neither of which are familiar to me as Biotech Analysts. I've just got to quit doing 2 things at once.)

Analyst believes that COM will have an easy time with the FDA getting V (oral) approved; that takeout will happen in less than 3 months and that it will be by big pharma.

Doesn't sound logical to me. Oral V's data will still be blinded; specifying both the company and the time for a takeover is not something that most analysts attempt.

And the stock price certainly hasn't behaved as if a takeover was imminent.
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