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Politics : Ask Michael Burke

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To: Gary Mohilner who wrote (72048)12/17/1999 8:57:00 PM
From: Peter Singleton  Read Replies (1) of 132070
 
Gary, I haven't followed IMGN for a several years, but they went an awfully long time on life support with the share price under 5, and if I remember correctly, had to raise funds (shares, convertible debt?) several times during those years.

So, check for the presence of a bazillion shares (including convertibles) before jumping in with both feet.

Peter

only other comment is based on your assumptions (beginning P1, new partnerships) they're pretty early on to make a big bet on their shares ...
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