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Biotech / Medical : Regeneron Pharmaceuticals
REGN 732.36+4.2%12:49 PM EST

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To: Miljenko Zuanic who wrote (582)10/23/2001 8:39:09 PM
From: Miljenko Zuanic  Read Replies (1) of 3559
 
<<BTW, will see how will CBST fire after note offering?>>

**The notes are convertible into Cubist's common stock at a conversion price of $47.20 per share, …10% premium.**

Not bad, definitely much better that REGN convertible.

REGN CFO should consider RESIGNATION, without single option left, jimho.

Miljenko
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