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Biotech / Medical : TITAN PHARMACEUTICAL (TTP)
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To: DanWebzster who wrote (252)6/28/2003 3:11:54 AM
From: Icebrg  Read Replies (1) of 362
 
>>Does anyone have thoughts about why this is trading below cash? >>

They have no short-term product opportunities and over the longer term their prospects look very poor.

Many fear that the most probable scenario is that the company will just continue to burn its cash until there is nothing left.

Erik
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