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Biotech / Medical : CRXX-Combinatorx

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To: tuck who wrote (79)12/2/2008 2:48:40 PM
From: rkrw   of 100
 
My guess is bvf and crxx will settle and perhaps a special dividend will be paid. imo the company is a complete fraud and bvf is right, the decent and best thing to do would be to liquidate. I don't think bvf is continuing to buy because they want to stick around for the next 4 years as cash drains to zero. Clearly there must be no poison pill in place, so maybe bvf is aiming to own 50.1%.
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