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Biotech / Medical : Tularik Inc. (TLRK)

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To: keokalani'nui who wrote (401)1/29/2003 4:04:10 PM
From: scaram(o)uche  Read Replies (1) of 598
 
Goeddel, running alone down the path that he couldn't sell to investors, 607/67. Sigh.

Hurts. One gets burned, running into "distribution". But, if he hadn't made such a critical error, the opportunity of TLRK wouldn't be offered up at a research premium of $100M.

You're ticked about communications with scientists. I'm ticked at the continuous flow of hedge fund managers who know, beforehand, about biotech "distributions" and forward sales agreements.

>> That is, the company owes it to those who will stick with it through the next 18 months to keep tight lips <<

For some time, Goeddel has been adamant that the company had good partnership discussions, that there was only upside to be gained from patience. His shareholders who bought into this quiet confidence or not-overt arrogance? We have 100% of the paper but (arbitrary, based on my pain to date) 25% of the value.
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