DECODE GENETICS-*DCGN Message Board

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Biotech / Medical : DECODE GENETICS-*DCGN

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To: nigel bates who wrote (139)	8/27/2004 10:04:08 AM
From: tom pope	Read Replies (2) of 313

Looks like you made a good buy, Nigel: 09:33 ET DCGN defended at Piper 5.22 -1.08: Piper Jaffray comments on PricewaterhouseCoopers resigning as deCODE's (DCGN) independent registered public accounting firm. There were no disagreements with PwC on any matter of accounting. However Piper points to an interesting comment: "PwC makes no comment whatsoever regarding...(that) the resignation of PwC was neither approved nor recommended by deCODE's Audit Committee." The firm believes this contradiction may indicate that the relationship simply deteriorated.... Nevertheless, the firm views this as an opportunity to buy the stock on weakness ahead of the DG-031 Phase IIa data in October

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