Tularik Inc. (TLRK) Message Board

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Biotech / Medical : Tularik Inc. (TLRK)

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To: scaram(o)uche who wrote (18)	12/22/1999 7:37:00 PM
From: tommysdad	Read Replies (2) of 598

A small thing, maybe, but I like what this says about the fiscal restraint of the company: << In May 1997, we loaned Mr. Rieflin $250,000 that he used in connection with relocating to California from another state. Mr. Rieflin has repaid the full amount that was due on this loan. The loan was interest free and was secured by a pledge of Mr. Rieflin's shares of our common stock.>> Too many biotechs would have forgiven the loan. A quarter million here, a quarter million there, and soon you're talking real money. Regardless, I don't see what makes this company worth, what, $1.3 billion? A colleague (who told me to "take a look at" NBIX at $4/share, so I value his opinion) is thinking of shorting it. But I wouldn't want to end up a target on the "Biotech vs. Shorts" thread, so let's just say TLRK seems "richly valued". Happy Holidays!

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