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


To: tuck who wrote (412)1/2/2002 3:11:09 PM
From: Extra Pale  Read Replies (2) | Respond to of 438
 
$32million goes a long ways towards reducing my concern regarding gzmo's cash position - was concerned that they might do a highly dilutive share offering. This also indicates to me that genz is highly committed to gzmo projects because they came up with cash in a timely manner after apparently failing to gain upfront cash via outside collaborations. As a tracking stock, gzmo has certain advantages (like papa genz cash) that other development stage bios lack. Of course, I dont trust papa genz at all.... (anyone remember gztc?)