Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : IDBE - ID Biomedical -- Ignore unavailable to you. Want to Upgrade?

To: streetlead who wrote (7)	8/9/1999 11:15:00 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 25

While IDBE does seem to have some good science I worry about dilution. They are going to have to do something to maintain/increase their cash position and I worry as to what that might do short term for the stock. Any ideas as to how they intend to increase their cash position WITHOUT creating a lot of dilution? Good Investing Steve

To: streetlead who wrote (7)	8/10/1999 6:17:00 PM
From: Kaiser Soza	Read Replies (1) \| Respond to of 25

I agree with you, however the company is in need of "CASH" even though the science side is exceptional. I noted that Steve feels the same but is concerned with dilution. I think the dilution is a non-event given the size of markets IDBE is going after. Another company, Inex Pharmaceuticals, recently had low cash and raised $12 million at $2 (Canadian) when the stock was $2.40. The shares hit $5 within a week. Most analysts today will not recommend a company with less that 2 years of cash. IDBE's burn rate is reasonable and with a cash injection the shares should respond well and the company may once again get on the radar screen of analysts. The ability of this company to generate earnings within the next year will make it rather unique as they continue to elephant hunt in other markets such as vaccine and further applications for tests. I share your very bullish views on the company, but can be accused of wishful thinking due to my overweight position in this one. Lets hope they deliver!!!Regards, Kaiser...