Antex Biologics (ANTX) Message Board

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Biotech / Medical : Antex Biologics (ANTX)

ANTX 1.090

-2.7%

11:14 AM EST

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To: Albert Martin who wrote (756)	3/10/1998 6:04:00 PM
From: John R Resseger	Read Replies (1) of 1476

Albert The units contain one share of stock and one warrant to buy one share of stock at 50 cents. barington.com Barington has 2 years to purchase the units after 3-26-98 SKB is committed to funding for several more years, so a merger with Glaxo is not going to effect that. SKB had an option to increase their share of the joint venture last October. They were big hearted enough to ask Antex what they wanted SKB to do! Antex said we would prefer you not increase your share in the JV. There is one more oportunety for SKB to increase their J V share. Oct. 1 1998. Under Glaxo, SKB might not ask Antex what they desire. Albert The current obsession with large cap stocks where Merck is valued at $135,000,000,000 vs Antex $28,000,000 will if not modified only prevent Antex from more quickly exploiting their technologies in more areas. I think they have the money and backing to push forward with everything on the plate. With a lot more money they have a lot more areas they could pursue. This is one of many stocks I have owned at $1 that can or Has gone to $50 VTSS JCOR DY I only hope I have the discipline to hold on to most of what I have. The new capital gains rules encourage that sort of thing. John

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