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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST

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To: Mike McFarland who wrote (536)4/27/1999 11:45:00 PM
From: Gunter RICHTER  Read Replies (1) of 4474
 
Finally a statement worth 5 cents. Ariad , as a stock play is dead. The company does not have the internal science -to- marketable product infrastructure nor the prowess to raise or manage its cash reserves( for a finance expert, their financial underbelly is a horror story) Ariad as we know it could not bring anything to market. Some of its work will be picked up, combined with other findings and a real pharmaceutical company will eventually bring out a usable product. A Mickey Mouse boutique lab, even with talented scientists toiling away, will not rise up to be a pharmaceutical company over night. The Ariad story is over.
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