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Biotech / Medical : Sirna Therapeutics Inc

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To: nigel bates who wrote (549)6/3/2003 4:00:59 AM
From: Thomas   of 562
 
Hi Nigel,
Ahh, I think yes would have to be the answer to that question. How much longer can the fumes carry RNAI? That is a good question. I would be interested to know what institutions still hold RNAI, since with such a micro float, any meaningful buyer or seller will move the stock price substantially.

Yesterday's wild runup seems to be on general market/biotech enthusiasm. Since there are no siRNA trials ongoing at Sirna (at least as far as I know), and since the existing ribozyme trials were/are disappointing, there cannot be a 5x difference between what the company is worth now and what it was worth a month ago. FWIW.
Cheers,
Thomas
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