Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Rich Wolf who wrote (30748)	2/18/2002 12:28:58 PM
From: Jdaasoc	Read Replies (1) of 99280

The initial 'investment' was an outright puchase of IMCL stock by BMY through a tender offer I didn't know all the shares came from tender offer. I thought that besides the insiders 2 M share that remainder came from company's treasury shares. That changes the picture greatly since they definitely will run out of money before Erbitux comes to market. They are still on a fast track pace to build, at BMY's potential expense, a $250 M production plant in NJ. Construction was still going gangbusters the last time I checked 2 weeks ago. Anyone know details on Merck KaGA clinical trial status.

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