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Biotech / Medical : Munch-a-Biotech Today
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To: scaram(o)uche who wrote (223)2/28/1999 9:44:00 PM
From: Mike McFarland  Read Replies (1) of 3158
 
Elan buys SIBI at $8? That assumes failure in each program.

You know, as soon as the edit window closed I realized
that was a silly target. If a person buys this sort of
stock, they should hold it for a couple years and hope
for success. In the meantime, Peter's munchability idea
makes sense too. But aquisitions do put directors out of
work sometimes, maybe that's the hurdle? Boy, a fellow
could put together quite an interesting company by simply
buying a handful of these and making them fit together.
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