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Biotech / Medical : Biotech Valuation

CRSP 56.68

-2.4%

Dec 12 9:30 AM EST

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To: Biomaven who wrote (8313)	5/9/2003 9:55:39 AM
From: Spekulatius	of 52153

<< GENZ screws its tracking stock holders for the final time:>> The "floating" call option that GENZ has on the tracking stocks has been mentioned on the GMZO thread before. I wonder what "tremendous value" Henry is referring too, since it is clear that the tracking stocks have been a bust for all the GENZ offspring. Now that GENZ has to food the bill for all the R&D non pro forma, it will be interesting to see which of these projects will survive. I have not been stockholder in any of the tracking stocks for quite some time but still - Ouch!

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