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

To: lifeisgood who wrote (613)	9/22/2000 2:34:39 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 810

If the company gets the money, that's ok with me.

To: lifeisgood who wrote (613)	9/22/2000 3:24:01 PM
From: tom pope	Read Replies (1) \| Respond to of 810

>>. Unfortunately, you don't get any of that money. The long paper you hold suddenly becomes less valuable<< Life, you're putting us on, right? The company has cash on hand as of 6/30 of just under $40MM.They are about to initiate a Phase III trial on Onyx-015. As we all know, these things can be devastatingly expensive, real cash burners. If the company HADN'T raised cash, then it would be a no brainer short. Now it isn't. BTW, the conversation between Tom Hua and the bulls on this thread has been refreshing in its civility. So often it gets down to name calling and nastiness, but here people seem to understand that there are valid arguments on both sides. Wow!