TGEN - Targeted Genetics Corporation Message Board

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Biotech / Medical : TGEN - Targeted Genetics Corporation

TGEN 8.230

+0.9%

Nov 7 9:30 AM EST

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To: James Reynolds who started this subject	6/14/2003 11:34:33 AM
From: tktrimbath	Read Replies (1) of 557

Financing in perspective A few months ago if I heard that TGEN managed a few million dollars in financing without incurring massive debt I would have been pleased. More money holds off fiscal collapse. At that time I would have been pleased if the stock simply held its sub $1 value without going to zero. Now when TGEN gets more than $10 million the stock drops to the low $2s. I don't like dilution but that is easily overcome by the nice chunk of cash TGEN has generated. This seems that it can only mean the company has a better chance of surviving longer. Whether it is long enough will continue to be the question all the way through marketability of the first drug. But for now I'll take the drop from $4 to $2.20 as very temporary and breathe a sigh of relief that they have more cash to work with. Or did I miss something?

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