Jeffrey,
I'm full time, dude. When I get my taxes done, and my fiscal archiving fully automated -- which should be in a few months -- look out!
For now, just got sidetracked reading the 10-K of Cadus (KDUS).
sec.gov
Very interesting. Great platform technology. Strong management, well connected. No more converts. Lots of irons in the fire, technology wise. But could use more partners. Supposedly in discussions. Also, Carl Icahn is not only a 25% owner and a director, but nearly half the board is under his control. Finally, there is a patent dispute with SIBIA in which Cadus has won the latest round, but it will not be resolved for a few more months. It involves a small, but fairly important facet of Cadus' technology, and it has slowed Cadus down somewhat, but they can either license or work around it. Messed up their cash position, though, so hopefully they can sign a deal, as things are geting a bit tight.
It seems to be consolidating, so I think we have time. I picked this up from Richard Harmon, who is well-respected here on SI. I note some recent institutional shifting, but no obvious patterns. I say we put it in the watch list. This reminds me of ABSC a year ago. When the patent business is resolved, this thing will definitely fly a bit, if it hasn't already.
siliconinvestor.com
Cheers, Tuck |
