Pastrami on Rye Message Board

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Pastimes : Pastrami on Rye

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To: Mike McFarland who wrote (173)	9/13/2007 6:58:49 PM
From: Mike McFarland	Read Replies (1) of 379

Yahoo doesn't let me post to the glgc or any thread anymore --so in response to silverold's post to wake him when the stock does something I wrote... Set your alarm clock for 2008? Don't despair, if they manage to halve their burn rate for the third quarter it probably wont go much lower. And in the fourth quarter maybe they'll go cash flow neutral--we need a few milestone payments through early next year, and then this wont look like such a dog. Still, I'm glad I have half the position I had last spring and I think it is a better guess that gene logic doesn't exist by next year. I'd be fine with them turning the company over to a Perlegen or a Melior and with that probably comes a good 50% dilution--it is just the cash and symbol a new outfit going public wants. Oh well, no harm in playing. But I'd have done better in quality bioechs this past year. You nearly always do better in quality stocks, glgc is just for fun and gambling I guess. Less fun, more of a gamble apparently. If somebody is really bored they could post the url to this message on the yahoo glgc thread.

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