Biotransplant(BTRN) Message Board

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Biotech / Medical : Biotransplant(BTRN)

BTRN 35.47

0.0%

Dec 9 4:00 PM EST

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To: Vector1 who wrote (476)	12/29/1999 11:35:00 AM
From: scaram(o)uche	Read Replies (2) of 1475

>> The small biotechs want to go when the window is open and do not want the risk of waiting. I think it is a mistake. Companies like BTRN need to get their story out to a larger audience. << No warrants, no "reset". Under the circumstances, I think that we'll be pleased, long-term. If MEDI results drive the stock near-term, this placement's timing will have been a mistake. As you know, this sort of deal goes out at a discount to market price, averaging closing values over a given period of time. That explains the price. However, I agree with you fully.... the current share price represents a discount to (IMO) value, much less $4.50.

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