GZTC Message Board - Msg: 3322033

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Biotech / Medical : GZTC

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To: Andrew H who wrote (486)	2/2/1998 2:33:00 PM
From: Sleepman	Read Replies (1) of 752

Andy, I have a couple of questions regarding GZTC. I had my investment advisor look over all the financials and he feels that the company burns around 5 mill per quarter, has increased its long term debt,decreased cash holdings, and net assets. He thought that the company was well postitioned with alliances, but is really concerned that they will go broke within a year or so. This is too soon for them to have approval on ATIII. What do you think of this? Is this just a setting where Genzyme General will come in to take the rewards at the last minute for cheap? I think that this concept will make it huge! But question whether GZTC will be independent at that time. Thanks, Dan

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