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Biotech / Medical : Cardiome -- CRME
CRME 2.330-2.1%May 16 5:00 PM EST

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To: former_pgs who wrote (41)7/29/2006 4:21:55 PM
From: rareearth42  Read Replies (3) of 285
 
I fail to understand what all of you see in CRME.

Management has made, IMHO, some mind-numbingly poor decisions in the past, particularly related to oxypurinol, and I have no confidence in them. Development of a safe and effective antiarrhythmic drug is extremely challenging and risky. If one had, in the past, bet against all the small companies doing this, it would have been a very successful investment strategy.

CRME might get lucky, but I doubt it. I think there are much better opportunities in biotech right now.

RE42

P.S. PGS, is that you? Did you graduate? You should still be "P", unless your investments have paid off handsomely......
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