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Biotech / Medical : Biotransplant(BTRN)
BTRN 35.470.0%Dec 9 4:00 PM EST

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To: Vector1 who wrote (474)12/29/1999 10:52:00 AM
From: scaram(o)uche  Read Replies (1) of 1475
 
>> Huge discount. What are they thinking <<

Lots of thoughts......

They released data from the xeno meetings and ASH that should have thrilled investors. It didn't. They probably feel that *nothing* is going to overcome the "bad taste" for transplant companies, near-term? The investors, through Carson, are probably top notch..... take the dilution and remove concerns about cash limitations?

In any event, I am not pleased. This, to me, is an indication that big news on psoriasis from MEDI is not coming in the next few months. I hope I'm wrong, but..... if I am, then I'll be even less pleased..... in that event, this 1.7 million shares could be considered a "gift".

The recent run..... the deal was certainly negotiated prior to it.
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