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Biotech / Medical : Lorus Therapeutics Inc.
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To: MarcG who wrote (200)10/19/1998 9:29:00 AM
From: DaveAu  Read Replies (1) of 279
 
Marc,

If you're nibbling, you're probably taking the right approach. I believe the company has some good technology but I've been burnt in the past on this company and other biotechs that are forced to issue shares at lower and lower prices when they run out of cash. I'm still long (in at 1.10) but I'm not looking to buy more until I see how they are going to raise cash. Good luck.

BJ
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