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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: Tomato who wrote (466)3/26/2001 10:50:22 PM
From: Tomato  Read Replies (1) of 1833
 
Scenario cooked up by (mostly) Tuck and me: KDUS puts some or all of their money into Axiom... then, (take it away, Tuck...):

"Suppose Axiom wants to go public. KDUS is sitting right there as a shell company to make the move easier. The Axiom name would take over, but KDUS shareholders would do just fine under such a scenario. Axiom's cash would be augmented by the KDUS cash, so they'd end up with a decent looking balance sheet."
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