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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST

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To: Mike McFarland who wrote (672)9/2/1999 8:44:00 PM
From: RWReeves  Read Replies (1) of 4474
 
Thought I'd give you some company so it doesn't turn into a rant-a-thon. Was in at over a buck, jumped out on weak rallies when it started seriously knocking at sub-buck levels. Nibbling in using some ill gotten gains from TTP that have not found a new home.

The technology here seems to me to outweigh the Dilution. For real dilution look at something like BICO and this one looks pretty tame. Goes down far enough we can get a bunch of the SI crowd together and take control. Biggest problem would seem they are seriously impaired as far as raising more money anytime soon without giving away shareholder assets.

I'm surprise this one hasn't been munched by the next level up on the food chain.

RWR
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