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Biotech / Medical : Antex Biologics (ANTX) -- Ignore unavailable to you. Want to Upgrade?


To: Buendia who wrote (752)3/10/1998 2:18:00 PM
From: John R Resseger  Respond to of 1476
 
With Glaxo making a hostile bid for Antex Joint venture partner SMB, it would be in the latter's interest to buy Antex outright. First it would get rid of cash that SKB has, that Glaxo will need to finance a takeover. And two even without a takeover buy Glaxo SKB would have alarge pipeline of vaccines, drugs and theriputics.

I will accept 3 x $8.61 the most recent book Mike V placed on Antex.

I find it interesting that Antex's VP of Corperate development, besides being good looking, use to work for Merck, which has a big pet madicine business, besides all the other stuff.



To: Buendia who wrote (752)3/10/1998 3:08:00 PM
From: John R Resseger  Read Replies (2) | Respond to of 1476
 
Ten Minutes ago I talked to Barington Capital.

A. They own the 3.7M + units along with several score more positions they recently acquired through their take over of Blair.
B. They have recently met with the company.
C. They have two biotech analysts
D. They will post their research at their web site.
E. They are conducting due diligence on Antex and have yet to decide whether to keep it and promote it. Or Dump it. Or something in between.

F. They would be foolish to dump it.

I. Have a contact there. Any messages to send ?

John