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Biotech / Medical : Alliance Pharmaceutical

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To: Dr. John M. de Castro who wrote (354)5/14/1999 9:31:00 AM
From: Joinvestor  Read Replies (2) of 548
 
See my post number 335.

The question still stands.

IMHO, I think that we are in trouble here. Even if they sell 10 million shares at $3-$4 that only gets them an additional 2-3 qtrs of working capital. Assuming they are able to do that successfully, If they do not bring one of these products to market is less than a year we are out of business.

If the offering is not successful, we are out of business a lot sooner than that!

I would welcome and appreciate any constructive comments to the contrary.

JO
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