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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: SBHX who wrote (7082)11/2/2000 8:49:29 AM
From: xcr600  Respond to of 30051
 
no prob. I am done with them. eom



To: SBHX who wrote (7082)11/2/2000 9:04:13 AM
From: Bosco  Read Replies (1) | Respond to of 30051
 
<warning: shameless hype :)>Hi all - awhile back, someone has asked about CEGE. Just wanna update the interested parties here

biz.yahoo.com

as of this morning snapshot

10.5% of ABGX = 21.59
cash position = 8.29
last nite close 24 7/8
last Q burnrate ~8MM

recent ER
biz.yahoo.com

recent hype factor :)
biz.yahoo.com

My take: I believe CEGE core technologies AAV and GVAX vaccine applications are a good bet. It has a good business model. Strong cash position. ABGX holding will flutuate, so it should not be used as "cash equivalence," as some people have tried. This is my only biotech holding for now, after selling others last week

best, Bosco