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Biotech / Medical : Supergen (supg)
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To: beio who wrote (91)5/30/1999 2:32:00 AM
From: JMarcus  Read Replies (1) of 124
 
Rosenfeld takes pride in only issuing one type of stock: just the common variety, no convertible preferreds. Considering what a disaster convertible preferreds have been for other biotech companies, I find very tolerable the dilution that comes with SUPG's discounted offerings of common to raise cash.

Marc
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