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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Allen Furlan who wrote (15256)8/18/2002 8:04:53 PM
From: sjemmeri  Respond to of 78627
 
Yes, I've known about the convert. I'm sure that's why the stock dropped so much more than it's biotech kin (which have all had the air let out of them). I think they'll have cash to cover much of it (selling non-core operations) and will be able to find financing for the rest (might depend on progress of some drug tests). At least they have over a year left to address it. Resolution of this without massive dilution is the key.


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