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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS) -- Ignore unavailable to you. Want to Upgrade?


To: Icebrg who wrote (706)1/24/2002 2:49:29 PM
From: Tomato  Read Replies (2) | Respond to of 1833
 
Unless someone presents a compelling reason to vote yes on the proposal, I'll be voting no.

On the one hand, I'd have thought that Glass would have found a partner by now and am not thrilled that a lot of months have gone by with no merger/sale/buy. OTOH if they do a significant one time dividend they probably won't have enough money to pay for the SEC filings, atty. and acct. fees, etc. without dipping into the cash. I'd rather have a cash neutral or positive situation.

Interesting that Berg doesn't mention the tax loss stuff this time around.