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Biotech / Medical : GZMO

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To: Larry Liebman who wrote (198)12/12/1999 1:28:00 AM
From: Mike McFarland  Read Replies (1) of 438
 
What's not to like--I'd like to think
that if I have to deal with an oncologist
years from now, she will be able to put
together an antigen cocktail just for me...
that seems to be the direction Gizzmo is
heading with their vaccines...but I will
check my notes again too--it is a bit of
a jumbled mess in my head tonight, too eager
to post perhaps.

But getting back to the keynote speaker--
Lee Hartwell of the Hutch: You are best off
preventing cancer, let's all say that ten times.
I replayed that in my head with each new
presentation and I'm certainly not going to
raid the family nest egg to go chasing cancer cure
stocks--oh I've got some mad money in there,
you know the symbols, and you can be sure
I've bookmarked this thread once again,
but I probably wont be making any trades
off this II forum on Monday.

Just saw JB's message--I don't have an answer yet
except for this snip from the annual report.
Genzyme continues to hold title to all
of the assets and is responsible for all
of the liabilities allocated to each of
its divisions. Holders of each series of
Genzyme common stock have no specific claim
against the assets attributed for financial
statement presentation purposes to the
division whose performance is associated
with the series of stock they hold.

--I'd have run that quote by Gail Maderis if I could
have found it, buried under all my notes stolen from
Rick's contributions to this thread, but couldn't find
it at the time. Gail was very clear that she feels what
is GZMO's does belong to GZMO shareholders, well who
is that, time to check the law on these tracking stocks,
it is not clear to me how GENZ is going to divest itself
of their shares...and the quote above...well I'm stumped.

Now, could the stock spike up because of the presentation,
yeah, a good chance. It really was one of the best and
the President of GMO really should inspire confidence
for shareholders...a great speaker, probably an
extremely smart person, just terrific.

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