Cell Genesys (CEGE) Message Board

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Biotech / Medical : Cell Genesys (CEGE)

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To: tom pope who wrote (1067)	11/30/2000 3:53:02 PM
From: Dan Spillane	Read Replies (1) of 1298

But looking at the cash, plus the investment in Abgenix, plus the prospects of CEGE itself and CEGE looks compelling--better than cash in many ways. Worth several times the current price. People are incorrectly comparing biotechs to ".coms". The failed ".coms" lived for a few months, had a high burn rate, and no barriers to entry. Biotechs on the other hand have been around for years, just now coming up with profitable products involving years of accumulated research and thus high barriers--perhaps the highest. Invalid comparison, biotechs to .coms ... hasn't CEGE been around for ten years or so!???!? The ones I like are CEGE, RSTA, HGSI, and IMNX.

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