LEXG-Lexicon Genetics Message Board

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Biotech / Medical : LEXG-Lexicon Genetics

LXRX 1.250

-12.6%

Nov 7 9:30 AM EST

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To: scaram(o)uche who wrote (39)	4/6/2001 1:54:33 AM
From: Madharry	of 254

Could be any number of entities- hindsight is 20/20 but reviwing the s1 i note the following- the company's ipo was for 10MM shares at $10. but there was an additional 36MM shares outstanding and the average purchase price was less than $1 a share. in addition there are over 9MM options and warrants issuable at average prices between $2 and $2.50 a share. so a lot of people can sell stock at $4 and still make money.

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