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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Yo Yo who wrote (18517)	8/29/2007 4:35:06 PM
From: StockDung	Read Replies (1) \| Respond to of 18998

Third Point demands resignation of PDL BioPharma's chairman Wed Aug 29, 2007 4:20PM EDT Aug 29 (Reuters) - PDL BioPharma Inc's (PDLI.O: Quote, Profile, Research) largest shareholder Third Point demanded that Patrick Gage immediately resign as chairman and member of the board and that the company's management focus on the prompt sale of the company. In a conference call Tuesday, Gage sent a "confusing and unwelcome" message about PDL's strategy, Third Point, which owns 9.78 percent of PDL, said in a statement. Earlier Tuesday, PDL said it will sell off all of its marketed medicines. (Reporting by Shikhar Balwani in Bangalore) © Reuters 2007. All rights reserved.

To: Yo Yo who wrote (18517)	8/29/2007 5:24:21 PM
From: peter michaelson	Read Replies (2) \| Respond to of 18998

Loeb's BIOF investment has been simply awful.

To: Yo Yo who wrote (18517)	9/15/2007 8:33:32 AM
From: Dr. Voodoo	Respond to of 18998

No doubt a trademark of the handsome gentleman. Arriving early to the party, chatting up the host, ingratiating himself with the neighbors erstwhile surveying the property, checking the plumbing etc... One can only hope that by the time the snake oil salesmen and assorted vultures arrive, the hired help won't have pointed them to the catering truck at the back gate sending them to loot all manner of canapes, lobster, and assorted goodie bag, else leaving h$m with paper plates full of stale doritos and warm beer. Nonetheless, the snake oil salesmen currently find themselves in the awkward positions of being short on longevity, long on people, and slowly but surely removing the jammed packing from the muzzle and picking up another horn of dry powder. Thus it might be wise if the vultures leave before testing their reflexes to the forthcomming "crack!"....