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Biotech / Medical : Cell Genesys (CEGE)
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To: tom pope who wrote (1067)11/30/2000 3:53:35 PM
From: Bosco   of 1298
 
Hi tom - thx for the clarification. I don't know CEGE tax credit situation, but at this point, I don't mind her holding 10% ABGX. Having too much cash sitting in the MM acct is probably not the best use of capital. OTOH, cash is king, having a bundle should help her to gain more IP via acquisitions etc. Of course, this is based on the assumption, which has been correct thus far, CEGE business model has incurred such a low burn rate. If I am not so leveraged, I would like to add position

best, Bosco
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