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Biotech / Medical : AtheroGenics, Inc.{AGIX}-nasdaq

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To: kenhott who wrote (161)11/29/2005 9:44:28 PM
From: tuck  Read Replies (1) of 332
 
Subset analysis . . .

finance.messages.yahoo.com

So it appears that while the study will end near the end of the 1st quarter of next year, the first results won't be out till the second half. I might ride the covered write a bit longer than January.

RE: pipe; that's about all they've got except for a couple of preclinical programs. With the convertible debt looming, a failure by 1067 basically means good to zero, or at least low single digits, definitely less than cash -- which is about $5 bucks a share. One of the most binary events to come along in a while.

Cheers, Tuck
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