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Biotech / Medical : IMMULOGIC

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To: rkc who wrote (267)2/8/1999 2:11:00 PM
From: Bosco  Read Replies (1) of 305
 
hello rkc - mine is more or less yours. Unfortunately, biotech is the riskiest of the risky, c'est la vie.

At least, mgt seems to be doing the right thing. It could sit on the cash until it is all spent! Of course, Dr Marr probably has contemplated his own time value too. In this case, it is not the best we once hoped for; OTOH, it is not a total wipeout.

Hopefully, we will lick our wounds and consider an expensive lesson well learned

best, Bosco
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