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Biotech / Medical : biotech insider sells

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To: tuck who wrote (9)12/17/2003 12:48:16 PM
From: scaram(o)uche   of 32
 
>> a resumption in selling at NBIX <<

Lyons et al. have done a great job, and a degree of success is in the stock. Focused dilution, issuing modest numbers of shares on strength. They did what a biotech management team SHOULD DO. They have rewarded the patience of early shareholders, addressing a major medical need.

Contrast with Vertex, or Kosan. Vertex, just for the embarrassment factor. Kosan is an interesting case..... public company pimps. But the potential upside is large, and greed makes it impossible to sell out with the good profit that I owe to their efforts.

;-)
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