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Pastimes : son of T/FIF

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To: scaram(o)uche who wrote (52)8/17/1999 4:58:00 PM
From: LLCF  Read Replies (1) of 673
 
< Robinson grows the company at the expense of his shareholders.>

Yea, it seems to be one of the few left that have kept the old line business model of just spending like mad ala XOMA, CEPH, etc. I'll use the same criteria I used with CEPH... short of a good sized product that can pull the company out of it's constant cash needs ["funk" if you will] I'll stay away. Even CEPH has mortgaged a good part of it's product to get things in ship shape... short a mini-blockbuster in Provigil that things going nowhere till the pipe starts producing... no wonder they're trying to leverage the hell out of provigil. Now Xoma may turn into the flip side of CEPH's at least partly happy ending?

DAK
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