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Biotech / Medical : dsco Discovery Laboratories

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To: Arthur Radley who wrote (124)	5/31/2007 9:31:51 PM
From: Biotech Jim	of 318

My notion has been that DSCO will get beyond the stability issue with Surfaxin. There has not been much if any public disclosure on this issue from what I have seen, but I can guarantee that those participating in the DD for the recent secondary have seen the data. I took on a significant position primarily over an 8-12 month ago time frame, and now am roughly 40% decreased in my position. My current concern beyond the stability issue is the substantial dilution that has taken place. Any other views out there? BJ

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