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Biotech / Medical : Repligen Corp (RGEN)
RGEN 149.37-4.5%Jan 30 9:30 AM EST

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To: Harvey Allen who wrote (388)1/8/2008 10:32:59 AM
From: Bob Laz  Read Replies (1) of 395
 
Very interesting Harvey.
My preference would be to see a purchase of IP / patents or a company that does not enjoy our "brain" power so we could grow and expand their intellectual property.
My concern is always dilution and the time it takes to profit via expansion or expand and grow new IP. Having said that maybe the positive URIDINE P2 was a growth stimulus - and with that large growth possibility well worth it - their brains can make that judgement call.
And again the reason I prefer a buyout is that we do not have to wait for development - wonder if it will be successful - go through choppy waters - wonder if the Q meets the streets expectations - etc. A bird in the hand is worth 2 in the bush.
BIG PROFIT RIGHT NOW! thats what would be a real blessing.
Love the possibilities and from what I have read Walter is conservative when spending OUR MONEY.
Last - I did get a legal opinion from a very experienced patent attorney prior to taking my large position - he said "RGEN will prevail in both cases - the first will be pretty small - the second will be significant" and what I really really like is the BMY patent is not based on contingency so we retain much more of the profit / settlement (no % to attorneys).
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