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Biotech / Medical : Lorus Therapeutics Inc.
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To: DaveAu who wrote (198)10/18/1998 8:23:00 PM
From: DaveAu  Read Replies (1) of 279
 
$2.3 Million at Aug. 31 and they're burning almost $1.5 million per quarter. They look desperate to me and the market seems to agree.

But wait!... Management is not just sitting around. They're busy creating value for shareholders. They've realized that there is only one thing holding this company back - THE NAME. But fear not faithful shareholders. Be encouraged by the following statement gleaned from the recent notice to shareholders:

"The Corporation underwent a lengthy process to decide what name would best exemplify the values, core competencies and spirit of the Corporation. Lorus Therapeutics Inc. was chosen for this purpose."

I like it. It fits. I assume the "Lo" is for Lower, as in, this stock keeps going lower and lower.

Also, they're increasing the number of options (Sigh).

BJ
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