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Biotech / Medical : Infinity Pharmaceuticals

INFI 0.0160

-4.8%

Sep 29 5:00 PM EST

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To: tuck who wrote (154)	9/17/2007 2:49:54 PM
From: Mike McFarland	Read Replies (1) of 210

Asleep at the wheel, I hadn't noticed they'd selected a hedgehog candidate, IPI-926. And the next oral Hsp90 inhibitor is IPI-493. Both are in "IND enabling studies". investor.ipi.com Another thing I hadn't noticed was the way of accounting "Deferred Long Term Liability Charges 57,917" finance.yahoo.com I've no idea why they do it that way, I guess I'll have to read a quarterly report and consult a coworker who is taking accounting classes. It seems wrong that INFI only has "Net Tangible Assets $57,821" Is this some way of accounting for burn ahead of time? Thanks!

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