Cortex (Cor) [formerly CORX] Message Board

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Biotech / Medical : Cortex (Cor) [formerly CORX]

COR 339.62

+0.6%

Dec 5 9:30 AM EST

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To: DavidCG who wrote (520)	10/17/1998 7:44:00 PM
From: Cage Rattler	Read Replies (1) of 1255

David: Your suggested scenario does little to protect the general holder of CORX equity at this critical juncture. Doesn't the technical profile suggest corporate positioning for a buy out, involving a stock-exchange, rather than an alliance? Such maneuvering gives the consuming corporation considerable leverage in, let's say, a 10:1 exchange or may dilutes holdings to favor within CORX distribution vis a vis the general public. I admit skipping over the corporate structure, salary, and equity distribution aspects of CORX before jumping on board. I will feel a lot more comfortable when a new CFO shows up who will bear responsibility for the corporate finances. Ciao, Ted

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