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Biotech / Medical : Regeneron Pharmaceuticals
REGN 681.78+1.0%3:59 PM EST

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To: Miljenko Zuanic who wrote (274)3/24/1999 9:48:00 AM
From: scaram(o)uche  Read Replies (2) of 3557
 
We seem to have four classes of CEOs in biotech right now.....

25% running semi-scams
15% too stupid to scratch where it itches
55% running good operations, but caught in the headlights
5% keeping their programs on target, innovating to fit the business plan to conditions

It's the "caught in the headlights" category that irks me the most. It's been obvious that
one needed to merge the good U.S. companies to create "british-like" companies. That
is, we need to have companies with broader pipelines moving forward. Lots of the
British pipelines were weak, but there was temporary strength added to the business
plans through diversity of the preclinical and clinical projects.

It's really beginning to bug me, as I own a lot of "55%" companies....... egos and
blinders are getting in the way of the sector's vitality.
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