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Biotech / Medical : ARIAD Pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (588)	7/22/1999 4:50:00 PM
From: LLCF	Read Replies (1) \| Respond to of 4474

Just a few interesting tidbits: Message 3682401 prnewswire.com prnewswire.com Ouch, a death spiral? OUCH Message 6389434 Hmmm, sounds like PARS... hang out and wait for these clowns to have their way with the stock and try to get in at their price. DAK

To: LLCF who wrote (588)	7/22/1999 5:05:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 4474

Twice book seems pretty cheap...but who can value a "boutique" platform company? Not me. For instance how much is ARGENT worth--divide Ariad's current marketcap equally among the three programs as I did over on the other thread and 10M is what the market says, that seems crazy low. But what did Rick give it--20M I think...and then we have also seen 120-130M suggested on Yahoo as the price Amgen was willing to pay for ARGENT. (I don't know whether that number was made up or not, and I'm not here to debate it. Certainly the 500M+ figure that Berger supposedly wanted is bogus...but who can say for sure?) If ARIA tests a buck, I'll grab my last batch. Nevermind how much I own now--there's only one fella here on SI who knows that, and I've warned him that I'm batty batty batty. Oh, ps...the steam went out of CTII, so I swapped it for more Ariad today. Told you I was nuts. Maybe the folks at Ariad have a nice rabbit, SH2 antagonist? ARGENT partners? A big GvL story for the New York Times? Now that would be nice.