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Biotech / Medical : CYTO
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To: John Zwiener who wrote (7156)4/3/1998 7:48:00 AM
From: WTDEC  Read Replies (1) of 8116
 
John, thanks for your comments. I have to agree there is fairly good potential here if managed properly.

" if they get good advice and follow it, they can keep afloat long enough for revenues to grow faster. Then they can get a decent financing deal "

There problem in the past has been poor management and/or advice, with the financing late last year being the most flagrant example. The decision to halt ALT suggested to me some change may be occurring and I'm wondering how strongly you feel that it is a real change. Do you know if they have new advisors or are close to bringing a strong senior manager in? Any help you might offer here would be very much appreciated.

Best regards,

Walter
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