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Biotech / Medical : Bio Technology General - BTGC

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To: Michael G. Potter who wrote (1887)7/16/1999 10:00:00 AM
From: Bosco  Read Replies (1) of 2028
 
Hi Michael - thanks. Admittedly, I ve spent too little time to track this investment <SG> and I missed this entirely [now, come to think about it, it does sound similar.]

I am a bit ambivalent about the possibility. OOH, it is possible to pick up some technologies of hi potentials, since biotech fundings have been dethroned by netmania - and thus many development stage companies may be willing to hitch with a cash cow company. OTOH, BTGC does not have as much free cash as the behemoths, it mustn't squander it away. Of course, if there is a nice fit or great synergy, it may worth a shot. On balance, I guess I am against it, not that I ve a say in the matter <g>

best, Bosco
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