Shaman Pharmaceuticals has been moving on big, relative, Message Board

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Biotech / Medical : Shaman Pharmaceuticals has been moving on big, relative,

SHMN 0.001000

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Jan 15 10:27 AM EST

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To: Daniel Shaffer who wrote (821)	4/20/2001 2:13:28 PM
From: JMarcus	Read Replies (2) of 838

NSF isn't on the shelves at GNC yet. Shaman believes it could be another 30-60 days. One of Shaman's biggest assets is its tax losses. I've heard that bankruptcy law can make it somewhat easier for those to be transferred to a company that purchases substantially all of the business. I expect that Shaman will try to sell the NSF business to a company that needs the tax losses and that the deal will be structured in such a way as to allow the purchaser to utilize those tax losses. I think Shaman would like to retain some of its R&D projects. I think there's still a good chance that something will be salvaged for the stockholders, but it is far from a sure thing. Marc

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