Genaissance Pharmaceuticals (GNSC) Message Board

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Biotech / Medical : Genaissance Pharmaceuticals (GNSC)

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To: nigel bates who wrote (164)	1/27/2005 1:09:11 PM
From: Mike McFarland	Read Replies (2) of 183

gnsc lists net assets of -5M and carries a MC of 51m. That seems exceedingly risky, to me. You know that instead of gnsc, I would pimp glgc--with net assets listed of 116M and a MC of 98M. That is how I would choose between the two--if a person wanted to choose. I suppose owning many stocks can also be a winning strategy, in the right market (?). Buy Genelogic today, and you have got a price 11% better than my own. For what that is worth. I do not know the relative merits of each companies strategy, or even if there is a viable business plan--certainly being somewhat broke cannot help Genaissance.

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