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Biotech / Medical : MRVT Miravant Med Tech: Infinity and Beyond?
MRVT 0.00Jun 16 4:00 PM EDT
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To: rgus who wrote ()12/9/1997 11:29:00 PM
From: Marc Kahn  Read Replies (1) of 67
 
I've never seen a company, without significant revenue, issue common stock, with warrants, and 3 months later embark on a stock re-purchase plan. Miravant has a tremendous burn rate, which management states will get higher. What could they be thinking of?

Does this company need to be trading short term swings in their own stock, or don't they have anything better to do?
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