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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 5 1:26 PM EST

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To: Bill Wexler who wrote (693)2/15/1998 6:39:00 PM
From: Keith J  Read Replies (2) of 1432
 
The company had over $6 million in cash and cash equivalents (as per the 10-Q) as of Dec. 31, 1997. The company had spent less than $15 million since its inception in 1990 as of Dec. 31st, and about $1.2 million in the Dec. quarter. Unless you believe they are filing false information to the SEC.

You speak of dilution. There was a rights offering about a year ago, but that was not that large and was offered to current stockholders at that time. But nothing else that I know of.

Unless you can put some concrete information on the table, please do not bother us.

KJ
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