CYPB - Cypress BioScience Message Board

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Biotech / Medical : CYPB - Cypress BioScience

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To: muddphudd who wrote (268)	6/3/1998 6:12:00 PM
From: muddphudd	Read Replies (1) of 586

This is from the Yahoo:CYPB thread. Posted by Fred1395. Looks like he thought the comment I posted was ridiculous based on his other comments on the thread. I was just relaying info from someone else. Anyway, here it is: "CYPB'S problem is that its lacks respectability among the more prestigious investment bankers and brokers. It has not yet appeared on their screens for historical reasons relating to what occurred in the past with its founders and others, including insiders previously associated with the company and is generally viewed as low rent. The issuance of restricted shares as described is viewed as sleazy way to raise capital. While Jay and Debbie are not exactly the biggest or brightest lights in the industry they had enough sense to get rid of the founder and build on the RA results they inherited. Jay knows that sleazy ain't the way to go. His efforts are directed a achieving some measure of respect for the company because he knows FDA approval is in the bag. His hurdle is not science but reputation. Note the deft way he pushed the Allen guy to the sidelines. "

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