SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM) -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (1634)6/9/2003 11:39:27 AM
From: IRWIN JAMES FRANKEL  Read Replies (1) | Respond to of 3044
 
>why close an operation when u just invested into a 30 million$ building?

Tom's point is well taken.

I would add that the employment expense associated with that facility is likely 20 to 60 times the real estate costs. And the RE costs can be unloaded in some fashion (sale, sublease).

ij