Pharmacopeia, Inc. (ACCL) (Prev: PCOP) Message Board

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Biotech / Medical : Pharmacopeia, Inc. (ACCL) (Prev: PCOP)

ACCL 4.050

-8.0%

Nov 4 3:58 PM EST

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To: Jim Lang who wrote ()	11/13/1998 2:32:00 PM
From: kinkblot	Read Replies (1) of 179

Interesting post from "lih" on the Yahoo PCOP thread: messages.yahoo.com@m2.yahoo.com He must be referring to D.E.Shaw & Co., a "global investment bank" known for its quantitative trading strategies. D.E. Shaw & Co. - deshaw.com The [Technology Venture Financing] link brings up a page that describes their MSI investment, among others. Shaw's problems are mentioned in this Wall Street City article 10/22: wallstreetcity.com ...Bank of America made a $357 million loss write-off due to its partcipation in the troubled hedge fund D.E. Shaw, and bought $20 billion in outstanding securities and derivatives contracts from that hedge fund in order to prevent its demise... In the merger Joint Proxy Statement / Prospectus, page 97, D.E. Shaw Investment Group, LP is listed as a beneficial owner of 1,274,578 shares or 6.8% of the outstanding shares post-merger. They held 186,278 MSI common and 2,222,223 MSI preferred shares which were converted to PCOP common shares at the exchange ratio of 0.5292 to 1. Someone has been selling continuously for about two weeks now ...maybe it's these guys, Shaw or Bank of America. WT

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