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Biotech / Medical : Repligen Corp (RGEN) -- Ignore unavailable to you. Want to Upgrade?


To: JMarcus who wrote (204)12/13/1999 12:42:00 PM
From: Curtis E. Bemis  Read Replies (1) | Respond to of 395
 
..what can happen when Rosenwald/Paramount/Aries buy up a big position in a tiny biotech company

If I use Genta as the model for what can happen to Repligen,
taking into consideration that Paramount already owns more
than 10% of Repligen as of 12/10, I foresee the following-

1. They will take control of the company, change CEO and
BOD Chair and replace with their own.
2. Tis not clear this is good for shareholders as GNTA
seemed to improve on their own, from 2$ to over 6$
starting right after Nov 12 earnings report.
3. The outstanding shares are similar for both, 21M or so,
but the float is 10X smaller for GNTA. That could
suggest GNTA is easier to manipulate than RGEN.

Don't see Rosenwald as a purchaser of RGEN yet, no Aries
either. I guess that comes soon.

Curt... (Am I on your wavelength now ?)



To: JMarcus who wrote (204)12/13/1999 2:11:00 PM
From: Cheryl Galt  Respond to of 395
 
Marc, thanks for all the feedback.

Genta sure is looking good, focused on G3139 and propelling it forward.

From your link, I see that the October data is available.
Sooooo ..... Rosenwald/Paramount/Aries bought RGEN through 9/30 @ approx $3,
and there was no activity in October when RGEN prices were higher.
biz.yahoo.com

I wonder if it's biting again at that level.
We'll see in a couple of months.