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Biotech / Medical : Cor Therapeutics Inc. (CORR) -- Ignore unavailable to you. Want to Upgrade?


To: Elmer who wrote (707)2/1/2002 9:56:00 AM
From: kensusman  Read Replies (2) | Respond to of 712
 
That's an interesting thought. CORR investors would, in my opinion, be much better off if MLNM had not decided to purchase CORR. I believe the price of CORR would be in the high 20's now. MLNM would be lower, but with the brisk sales of integrelin, MLNM looks better than it actually is.

This is another example of shareholder value being ignored. In the few instances in which I have owned stock in a company that becomes absorbed, I sell the stock as soon as the spike is reached (if possible), because once the smoke clears the price usually falls.

I may still buy CORR if it gets ridiculously low (14!)

KS