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Biotech / Medical : Catalytica Energy Systems, Inc. (CESI)

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To: gmccon who wrote (1137)4/12/1998 11:56:00 AM
From: Bruce Rogers  Read Replies (1) of 1514
 
I'm sure Mr. Houston can and will answer for himself, but I assure you he LOVES this stock. It is totally appropriate for him to remind us of how front loaded the Glaxo deal is--particularly if people are speculating that the stock is up based on expected 1998 earnings and there is reason to believe that the drug side of the business might even decline for the late 1998 quarters. I don't think anyone on this board is short the stock, but I for one appreciate any cautionary words.
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