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Biotech / Medical : Biotechnology Value Fund, L.P.

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To: lrb who wrote (38)2/10/1998 5:40:00 PM
From: Biomaven of 4974
 
lrb,

As I recall, only 10% of the offering was Salk shares. So the company doesn't get new capital, and anyhow Salk might still sell its shares on the open market. Still doesn't seem like good news to me, but then I don't follow SIBI that closely, although I like to keep an eye on it.

Peter
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