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Biotech / Medical : VGNX -- Variagenics, Inc.

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To: mopgcw who wrote (209)11/6/2002 10:37:57 AM
From: scaram(o)uche  Read Replies (1) of 269
 
>> so two years more at the current burn....slow death? <<

I have a general rule..... if a company (1) has me in-house, (2) gives a sincere presentation, and (3) has a sincere scientific staff, I don't strongly criticize them in public.

I liked these guys/gals. But I have never seen a Board that is so out of control. Having screwed one generation of investor (yes, "screwed" is the correct word...... review Crouch's presentation at this year's H&Q), they believe that they have the right and mandate to screw a second.

I agree with the thought posted at Yahoo, that we should point at future efforts from these VCs. Some of the names are big BioNames.

And I can't understand why Dr. Housman continues to accept money from the company. He has no RIGHT to do such. As a scientist, I find his behavior to be embarrassing.
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