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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: lrb who wrote (2810)10/9/1997 6:53:00 PM
From: scaram(o)uche   of 9719
 
I was referring to their total cash and short-term investment position, which (from memory) I believe is just shy of $400 million. I was not suggesting that they were going to spend 400 big ones on the buy-back, just that I would put money in the bank to work on innovation.

Haven't owned BGEN in years. I'm no expert on the company. Just ate some calls, a bet on enthusiasm developing in response to a PNAS paper. Stupid.
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