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Biotech / Medical : Neurobiological Tech (NTII) -- Ignore unavailable to you. Want to Upgrade?


To: Apache Indian who wrote (299)3/23/1998 10:14:00 AM
From: Apache Indian  Read Replies (1) | Respond to of 1494
 
Some thoughts..

A short term financing has to translate into long term. Why would an individual investor or even a group of them, provide this company with funding, which is barely enough to take it for the next 1-4 months. This time frame is NOT enough for the company to get approval for memantine, into the market, become profitable, and provide returns on their investment. Its like saying heres some money, go burn it.

The second crucial point is that the ceo is so damned confident, they are not even thinking of liquidation at this point.

I took the hint. I'll buy on dips. I may be an idiot to put too much trust into one persons statement. But its money afterall. ez come. ez go.

-indian