SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Pharmos (PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rjk01 who wrote (1275)10/19/2004 8:24:21 AM
From: Clarksterh   of 1386
 
I think Aviv does not want partners and if he needs to stall for some time due to some unforeseen delays he would like to have the upfront cash to do so

But why not wait until after January, after DEX results are out and the stock price much greater, to get that money? The only reason I can think of for getting the money now vs Feb 05 is insurance against the risk of bad P III.

In a truly blind study they wouldn't know the results yet, so I don't read this going to the well as a sign that they know the results are bad, but it is still a worry. Also Pharmos has a long history of not-well-thought-out financing deals. So again, I don't read too much into just one more.

Just my thoughts.

Clark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext