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Biotech / Medical : GENZYME - THE KING OF THE BIOTECHS -- Ignore unavailable to you. Want to Upgrade?

To: lwd who wrote (291)	7/16/1998 1:14:00 PM
From: Vector1	Respond to of 410

LWD, Thanks for the info. I was just ignoring Mr Emptor hoping he goes back to the Yahoo board where he belongs. V1

To: lwd who wrote (291)	7/17/1998 4:10:00 PM
From: Caveat Emptor	Respond to of 410

To LWD and Message Board: Thank you for your response, and I do appreciate the effort the Representative from Genzyme made to publish the Trading report of Mr. Termeer. Although this seems to be in good faith, I think it was "selective" in its response. The block of time which disturbs me is the last quarter of 1997 (Sept-Dec). In terms of compensation to Mr. Termeer, my questions still remains. Mr. Termeer is the President of Genzyme Development Partners, LP. Other Directors of this General PArtnership Include "Appointees" of Paine Webber R+D Partners 11. ie: Peter N. Reikes - Director since 1997 Dr. Gerald Austen, MD - Director since 1990 As quoted from 10K "... Pursuant to voting agreement between Genzyme and Paine Webber R+D Partners 11, LP, the holder of 15% of the Class A Limited PArtners Interests, Genzyme has agreed to nominate and vote its shares for the election of directors such that at least 1/2 of the directors of the GP consist of persons designated by PW R+D 11." Question? Was Mr. Termeer, acting in his capacity as President of the General Partnership, compensated as a result of the tender offer for the Limited Partnership Units sold to Bioroyalties, LLC? Read the agreement in Edgar type "BIOROYALTIES" at the Edgar Prompt. This was a significant transaction. I think that is a legitimate question. Any comments? CAVEAT EMPTOR