Cell Genesys (CEGE) Message Board

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Biotech / Medical : Cell Genesys (CEGE)

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To: Gemini who wrote (869)	4/9/2000 1:56:00 PM
From: david james	Read Replies (1) of 1298

Hi Allan, Yes, one should not underestimate the importance of this cash. They do not need this $250 mill for their day to day operations because of their current revenue stream. That means they have the opportunity to go out and buy a late stage profitable product line. It is somewhat like an internet company using their shares to buy profitable companies. They may also help with financing for companies with products related to their own line - in return for a share of the revenues of course. It will be interesting to see where they make their first buy or investment. The impression I got from IR, is that we may not have all that long to wait. David

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