Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Cadus Pharmaceutical Corp. (KDUS) -- Ignore unavailable to you. Want to Upgrade?

To: scaram(o)uche who wrote (1127)	8/31/2003 6:39:57 PM
From: Tomato	Read Replies (2) \| Respond to of 1833

Thanks, Rick. Some follow ups: On a few occasions, I've indicated that I pray that Cadus Technologies can be spun out to current shareholders if Icahn, Paige et al. decide to go with a non-biotech flier. Where does the spin-off get its money? A private placement? IPO? I don't have much idea of how that all works. OTOH, you'd think that the ex-employees would be buying hand over fist if my enthusiasm were well-founded. Somebody is buying. Maybe it's ex-employees? Or maybe they didn't like being shut down and are P.O.'d? Or maybe they couldn't find work and are really P.O.'d as well as broke? Icahn went to med school and you mentioned that some board member(s) are sophisticated science-wise. You think they know what they've got and, if so, have the skill to leverage things? Regards, Wayne