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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS)
KDUS 1.6000.0%Jul 2 5:00 PM EST

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To: peter michaelson who wrote (240)9/9/2000 6:34:06 PM
From: Mike McFarland  Read Replies (1) of 1833
 
I'd rather see a large dividend paid than see the money pissed away--I hold my share of Cadus in an IRA. Of course a payout isn't exactly the best bang for the buck here is it--and I think Rick has covered that a dozen times...

With an average cost down around 60 cents, I'm guessing I can get out of a third of my shares for 3x in a few weeks or months and then I can walk away from this "free speculation" and shoot for 10X on a time scale of several years.

Ran a stupid test and sacrificed a few percent of my shares on Friday, ha! I won't do that again, theives! I suppose if a person has to have their money right now, they are really going to have to pay up--it must take a little while for the story to become obvious to everybody.

And there is Icahn to wonder about--does the fellow have a knack for building something out of nothing, or does he generally have bad luck with everything he touches? I know the name, but don't know a thing about him--maybe I'll check Amazon.com and see if anybody has written a book about the guy.

Yes--King Icahn : The Biography of a Renegade Capitalist
by Mark Stevens.

Well I will just have to add that to my shopping cart.
Interesting, already something in my cart From Alchemy to IPO The Business of Biotechnology , heh!
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