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Biotech / Medical : Biotech Short Candidates

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To: tuck who wrote (233)8/21/2002 9:16:53 PM
From: Spekulatius  Read Replies (2) of 897
 
I am looking at ALKS as a possible short. ALKS has bounced back pretty hard from the 4$ level after the Risperdal debacle. 640M$ market cap, 152M$ cash and 208M$ convertible debt. No product on the market and cash burn is 100M$/year. I think ALKS is much more likely to go to 0 than to 20$.
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