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Biotech / Medical : Cell Genesys (CEGE)

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To: david james who wrote (733)3/3/2000 8:04:00 AM
From: Bosco  Read Replies (1) of 1298
 
G'day all - but david, I hope CEGE won't leave the money in the bank, even if it could garner a 6% interest. Otherwise, I might as well use the money to buy CD <G>. Instead, CEGE should spend on R&D and/or accelerate clinical trials. The potential of getting a key patent and/or speed up the trials can be a hundred times more lucrative than a 6%.

Another way is to become a mini biotech incubator. If she can find a potential ABGX or two, a thousand times better than a 6% is possible <G>

Biotech is a risky biz, but prudent risk is the important element

Just my 2c

best, Bosco
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