LEXG-Lexicon Genetics Message Board

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Biotech / Medical : LEXG-Lexicon Genetics

LXRX 1.390

+3.7%

Oct 31 9:30 AM EST

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To: nigel bates who wrote (154)	6/30/2003 10:50:57 AM
From: JFitnich	of 254

Warning: DGEN / LEXG nostalgia trip below I guess my question is whether LEXG will complete their "foot on the throat" move by making a bid on the assets in bankruptcy. Lesson learned: When 2 companies get involved in an IP death-match and neither have products anywhere near the market, wait until the dust settles and buy the winner. DGEN is a tax-loss for me. I sold when it still had a $1.00 in front of the pennies...still too late. I violated one of the rules of owning a biotech...recognizing the writing on the wall before the rest of the crowd. Or, knowing a loser before it becomes a loser. DGEN might have made it had they not spent beaucoup $$ in legal fees the last 2-3 years. On the positive side, I do feel better about my LEXG position. Best regards, JF

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