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Biotech / Medical : Munch-a-Biotech Today -- Ignore unavailable to you. Want to Upgrade?

To: Biomaven who wrote (556)	8/5/1999 2:36:00 PM
From: LLCF	Read Replies (1) \| Respond to of 3158

< should be buying SIBI today at 8 3/8. > No up in bid TV= 8.25 x.5 = $4.125 bid 50% higher = 12 x.5 = $6 ======== Georges E(value) SIBI= $10 DAK

To: Biomaven who wrote (556)	8/5/1999 2:41:00 PM
From: aknahow	Respond to of 3158

Waiting for Godot. When arrival occurs, I might pay attention to my own post but I will have to consider the source, with care, before making a decision.

To: Biomaven who wrote (556)	8/5/1999 5:57:00 PM
From: Vector1	Read Replies (1) \| Respond to of 3158

Peter, The odds of BVF stopping the MRK deal are long and virtually zero without a competing bid at a significantly higher value. According to the press releases MRK has received lockup agreements and options from holders who own 33% of the common stock. In addition the company has granted MRK options which are exerciseable under certain circumstances. Those options are likely to be for 19.9% of the company and can be exercised to fend off another offer. In addition the company has probably signed a no solicitation agreement which prohibits them from soliciting other offers and possibly even having discussions with other parties. Without access to the inside scoop on SIBI's programs it is unlikely that anyone can get to a higher price. v1