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Biotech / Medical : Conceptus (CPTS)

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To: W Shakespeare who wrote (16)7/6/1998 8:19:00 PM
From: mantle7   of 23
 
I think it was Shakespear who said "something is rotten in Denmark" - Hamlet? Anyway, this seems to be the ultimate hunker down in the bunker strategy. Company is out of gas and seems to have given up. By spending only on R&D and clinical trials they seem to think this is the best way to increase the value and also increase the likelihood of someone buying them. I find it very unusual (and also very rare) that they state that they were in M&A discussions but that they were discontinued. This "teaser" is designed to leave the impression that someone else thought they were worth something. I for one will stay away. Good luck with this shrew!
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