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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 5 1:26 PM EST

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To: Jim Roof who wrote (1265)3/5/1999 12:15:00 PM
From: mesaone  Read Replies (1) of 1432
 
Jim,

It will be interesting to see what happens next week when the rights offering ends. Everyone that I know have been oversubscribing, and from what I understand one of the biggest reasons that BTIM set up the offering is because the insiders all want to buy a lot more stock. I also understand that they have hired a pr firm :-) to position them.

The 2.1 million shorts are between scylla and charybdis, and FDA approval is very near. My guess is that we get approval before the end of March. Biotime is going to push for the best possible labelling they can get on Hextend, and Abbott is very excited about the product. This is going to be fun.

inch.com
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