TGEN - Targeted Genetics Corporation Message Board

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Biotech / Medical : TGEN - Targeted Genetics Corporation

TGEN 8.005

-1.3%

2:22 PM EST

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To: tktrimbath who wrote (447)	10/12/2005 12:25:02 AM
From: Mike McFarland	Read Replies (1) of 557

Tgen has gone to the well many times--with something on the order of 20M cash left, half owed to Biogen-- don't you think it is time to call it quits? Maybe under new management some of the technology can be salvaged and put to good use. With something on the order of 12 cents net cash per share, maybe two bits for technology and stuff, I can't imagine this selling for any more than the current price and I wouldn't speculate on it til it lost another 50% from here. A standard disclaimer applies--personally I have not read any tgen PR or SEC filings for several years and haven't made anything more than pocket change in biotech stocks since 99/00, so what do I know? The stock looks risky to me, but I spent less than a minute glancing at the statistics. I'd love to hear some optimism of course--I fell in love with the shares years ago and a couple of my co-workers still own the stock. But not me.

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