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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (27702)4/25/1998 10:30:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
SB, No deal with Genzyme holding the biggest piece. Funding will come from where it has always come: cash flow on sales, Genzyme's war chest, and stock offerings. The latter hurts the stock every time, but that is the way bios work.

The market acts like carticel has been a failure and GENZL has nothing else to offer. Both are untrue. This is a developmental level co., but, IMHO, they are developing very nicely.

MB
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