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Biotech / Medical : Infinity Pharmaceuticals
INFI 0.0160-4.8%Sep 29 5:00 PM EST

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To: dr.praveen who wrote (24)4/24/2006 4:03:55 PM
From: Mike McFarland   of 210
 
So, if Wall Street is going to initially give
them something on the order of a marketcap 200M,
INFI will be trading at about the same level as
DPII is now (the 0.95 conversion seems not to mean
too much).

A three for one reverse split might not be a bad
idea to get the shares up around $7 or $8 a share
to start, bring the number of shares right back
down to 27M.

Arqule and Infinity will be an interesting horse race
in the years ahead. Arguably, Arqule at MC 200M looks
undervalued against an Infinity at 200M.
arqule.com

(this was pointed out over on Yahoo. It sure makes
me squirm to admit those guys could be right)

Probably it makes sense to see them race for a
good five years. I suppose we may see INFI shares
start out slow the way things have gone so far
for dpii.
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