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Biotech / Medical : Calypte Biomedical Corporation (CALY)
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To: dowman who wrote (181)10/27/1997 8:59:00 AM
From: Cindy Powell  Read Replies (1) of 381
 
Greetings all,

I wasn't too happy to see the reg S and I wish CALY could have found another way to raise cash. The FDA delays drained them financially and though they took many cost cutting measures, such as significantly reducing the number of employees ect., they still were in dire straights. I think "reg S" automatically gives people the wrong impression and scares people away. Let's hope that the company makes up for it with some stellar news. Really excellent news might balance things out and reverse some of the reg S reputation damage. I'm anxious to see how the stock price will respond when the announcement of some nice contracts finally come to fruition.

Here's hoping...

Cindy
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