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Biotech / Medical : INCR -- Incara Pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?


To: Tomato who wrote (161)3/21/2002 12:13:18 AM
From: scaram(o)uche  Read Replies (1) | Respond to of 196
 
messages.yahoo.com

Having thought more about it (INCR as an investment, given management and their priorities), I sold my shares, into demand at about a buck even and as part of an effort to go somewhat to cash, after that post. I later added this post.........

messages.yahoo.com

I was interested in catalytic antioxidants. The company has steadfastly refused to take responsibility -- IMO -- for applying sufficient chemistry resources to the project, and has, at the same time, burned cash on the liver project.

It looks, to me, that management just plain deserted their shareholders...... that they've elected to take the company down into "restructuring" land. They'll continue to pull salaries, and the company can be reborn. Ugly.