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


To: keokalani'nui who wrote (5611)2/2/2002 6:17:23 PM
From: Mike McFarland  Respond to of 52153
 
Large Scale is the one I want to better understand--
there was a predication for a snowstorm and a
presentation was cancelled, I never got back
around to finding out their story, and at first
glance, looks awfully cheap. I think I may have
traded it once or twice, but being nearly
completely ignorant, decided not to own it.

I posted the link to your story on the Yahoo
thread...but as far as I can tell Rigel is not
one of those named by 'Milberg Weiss Bershad
Hynes & Lerach', but I will keep poking around.
I briefly scanned the SEC documents, Alta seems
to own a 13% chunk, and might have increased their
position a little in the past year. To be honest,
I think I am going to develop a crush on this one
...but maybe it is just their nifty website, heheh.

I had stumbled on an old press release, the CEGE tech
transfer thing where CEGE gets some cancer genes, and
Rigel gets retrovirus tech--and so I got curious.
Have been through the SI thread so I suspect it is
hard core rocket science and no scam, the BOD and
SAB look like first tier brains.
I'm only through the first and last 50 posts
on Yahoo--seem to be several faithful investors
over there.
The more I read the more I feel compelled to nibble.
And I dumped my vlts...knew the money would burn
a hole in my pocket.