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Biotech / Medical : 2009 Biotech Charity Contest

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To: scaram(o)uche who wrote (179)2/11/2009 5:42:26 PM
From: Arthur Radley  Read Replies (1) of 418
 
Rick,
Thanks for the feed back! I did pick up a small position late Friday.....very small!

I do have some reservation about their latest PIPE deal, but guess in this market environment they had no other option. Also, I would have preferred that Bayer had taken more than just an option on a drug candidate.

Did you by chance look at their slide presentation at BIO yesterday? If not, it's available on their website. The reason I ask is that on the final slide it names the management team and the CEO has Stanford University down. By taking a tetanus shot, I visited the Yahoo board where a poster indicates that the CEO doesn't have a degree from Stanford. For several of the team on this slide they just indicate places they had worked, so could it be that Ilin maybe worked at Stanford at one point. If these guys are fudging their resumes......that is a big red flag for me!

Thanks again for the input!
Cary
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