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Biotech / Medical : GLGC Gene Logic -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (204)6/6/2005 1:25:33 PM
From: Mike McFarland  Read Replies (1) | Respond to of 360
 
Yes! Dog and pony shows are, well, for the dogs.

The less they deal with investment banker types
and the more they deal with their peers, the better.

(edit)
I should add of course that if they were broke,
sure, maybe it makes sense. But they're not,
in the last two confernce calls they've
indicated they've enough cash for at least
a couple years. Now, if the implied threat of
a PIPE because of R&R put shares into stronger
hands, then so be it.

I'm in a forgiving mood because the shares are
currently not trading for less than cash on hand.
When the company was valued for minus 10M, I
was crankier.