DNDN - Dendreon Corp. Message Board

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Biotech / Medical : DNDN - Dendreon Corp.

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To: DewDiligence_on_SI who wrote (709)	8/5/2011 12:04:24 AM
From: DewDiligence_on_SI	Read Replies (1) of 751

DNDN article in Friday’s WSJ: online.wsj.com ›› Analysts questioned whether the company's explanation told the whole story. They pointed out that a company expecting a short-term problem likely wouldn't take the drastic step of cutting jobs [especially jobs in manufacturing]—often the move of a company adjusting to the new realities of its business model. "Management's reason is addressable reimbursement issues whereas there are many reasons to believe this is at least in part also a permanent demand issue," Goldman Sachs analyst Sapna Srivastava said, in a note to clients. ‹‹ DNDN's explanation is total bullshit, IMO.

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