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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?


To: Cacaito who wrote (1906)1/25/2002 12:23:32 PM
From: Arthur Radley  Respond to of 2515
 
WSJ today indicates that BMY has written off most of their equity in IMCL AND they might go back and write off more....IMO, if BMY has written off their holdings in a company...they don't think that much about the future of that holding. Apparently with the heavy dumping today holders down thing that much about the company either.

Again...sad case as this involves lives of people that are desperate for a cancer cure. And it appears that the CEO only wanted the money and society page coverage.