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Biotech / Medical : OSI Pharmaceuticals (OSIP) - formerly Oncogene
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To: david nordic who wrote (374)3/8/2006 10:02:12 AM
From: DewDiligence_on_SI  Read Replies (1) of 447
 
Its too early to call.

The guidance cut already happened. More important than the cut in revenue guidance is the revelation that OSIP won’t be profitable even by 4Q06. Clearly, their costs are out of line with anticipated revenues. Disclosure: short at 31.66 (http://www.investorshub.com/boards/read_msg.asp?message_id=9957762 )
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