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Biotech / Medical : CRIS, Curis (formerly CBMI) -- Ignore unavailable to you. Want to Upgrade?


To: Icebrg who wrote (388)8/11/2001 4:14:49 PM
From: tuck  Read Replies (1) | Respond to of 668
 
Icebrg,

That was November for 9 bucks/share; from the 8-K:

>>On November 16, 2000, we issued a press release announcing the signing of a
private placement of 5.2 million shares of our common stock at a purchase price
of $9.00 per share. The purchase price of shares to be sold in the private
placement was determined after the close of trading on Monday, November 13, 2000
and reflects a 10 percent discount from the last trade price of $10.00 per share
for our common stock on that day.<<

Think he'll get that much before the registration expires? The FDA would have to do something positive for CRIS before then, IMO, unless some bolt from the blue news comes out. I don't think it'll happen, BWDIK.

I have no position.

Cheers, Tuck