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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: Ian@SI who wrote (695)6/16/2005 8:44:03 AM
From: gcrispin   of 946
 
CTIC also has 195 million in debt. I believe that the company will be bought out on pennies on the dollar, and those pennies could be on the convertible debt.

Think about how long CTIC has waited for a partner. That phantom partner will squeeze CTIC until there is no juice left in its current state.

There is supposed to be an interim look at the Pix trial, but I wouldn't be surprised if that date has slipped from late 05 to 06.
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