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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (76947)	12/9/1999 2:41:00 PM
From: Patric	Read Replies (1) \| Respond to of 90042

Tim and thread: Interested if any of you have a take on IOX as a possible takeover target. It is a little biomedical company based in Salt Lake City that develops and manufactures new types of drug delivery systems. If I read the financials correctly, they are more or less operating at a break-even level, including R&D costs, have lots of cash in the bank from their IPO of last year (nearly equal to their current market cap), and until recently were trading at a bargain-basement price (IMO). Price started to move up a couple of weeks ago and is hovering just a bit below the 52-week high More fundamental info: Subject 27209 <#B~}>