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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (35224)	9/2/2009 2:12:06 PM
From: Paul Senior	of 78683

Upping my position in FACT a little. Looks like company might deploy most of its cash in a venture with another company in the production of a cancer drug. Subtracting the upfront payments FACT will make and adding in FACT's ltd, the cash per share that FACT has is still above the current stock price (which has fallen with the announcement of the jv). finance.yahoo.com Maybe FACT mgmt knows what they are doing--- they should if they are willing to commit over $100M. Very risky and speculative bet for me though. So just a few shares.

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