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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 (449)10/12/2005 1:10:38 AM
From: Mike McFarlandRead Replies (1) of 557
 
Maybe I have just become overly cynical. But
my guess is that if there is a technology worth
a damn, after sitting out there for maybe a
few years, it is eventually going to get bought
out by big pharma. I think Tgen ought to have
been bought out by now--who knows, maybe Amgen
will gobble them up.

I think the chance for a ten or hundred bagger
is next to none. Seems like Parker is getting up
around the age where you might expect her to
retire--or move on to something different.
(he says, not knowing for sure if she is still
the CEO!)

But you're right--no harm in holding the shares
if they're not worth much anyway. I held some
Global Crossing right to zero, hardly seemed
worth giving them up. Lost less than ten grand on
it, which at the time seemed like peanuts. However,
I'd have done better to spend that money on a big
poker tourney, or, come to think of it, a charity.
Oh well, live and learn. I probably should have
held my tongue on this--I have advice that is just
barely good enough for my five year old and that
is about it these days. But I type faster than I
think, so that is great fun anyway <g>.
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