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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (401)9/5/2001 2:45:18 AM
From: tuck  Read Replies (1) | Respond to of 1005
 
Bernard,

ARNA's last guidance said cash flow positive this year and next, and that they were in the "financial consideration for technology" stage of discussion with three multi-national pharmas. Since then, the stock has had a lot of unannounced bad news priced into it. If it's even worse than the Street thinks, then I've made another bad entry. But BLUE HP intends to hold ARNA long term unless something comes along to obviate their technology. Anybody seeing any sign of this? Or feel the research premium is too high for what they've got?

Cheers, Tuck