Neurocrine Biosciences (NBIX) Message Board

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Biotech / Medical : Neurocrine Biosciences (NBIX)

NBIX 140.95

-1.8%

3:59 PM EST

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To: Mike McFarland who wrote (371)	12/23/1999 9:39:00 PM
From: scaram(o)uche	Read Replies (1) of 1834

Like I said.... "The system is set up so that you have to....." Gary Lyons did business with the underwriters. Silverman used, correctly IMO, the "ever" word. The stock was promoted to this level by salespeople. You are absolutely correct. Only trouble is, I'd rather have MZ giving me the spiel. I worked for underwriters. If you do a good job and kill a deal because the science stinks, you don't get asked back to do another job. When another underwriter gets the company funding, and and the company crashes/burns a few years later...... what happens when you go back to the guys/gals that hired you? They say "great job, you called that one correctly!" Do you get more work? No. They count on short memories, and on the ability to palm "loser" shares off onto others -- after the underwriting fee is in their pocket. You may like to watch the game as it's currently set up. I don't. >> however that post of yours had a little whiff of 'we can do this all without you'. << And better.

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