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Biotech / Medical : ASTM-AASTROM BIOSCIENCES: STEM CELL RESEARCH -- Ignore unavailable to you. Want to Upgrade?


To: raydit who wrote (350)12/13/1998 5:32:00 PM
From: JSB  Read Replies (1) | Respond to of 1084
 
You have to admit, that if 60% of
this company is owned by kauffmann,
COBE, PFE, and the state of Michigan,
we are keeping good company.

Seems like with that much of the
float tied up, it wouldn't take
much to make this puppy fly.

Regards,
JSB



To: raydit who wrote (350)12/13/1998 11:25:00 PM
From: RCMac  Read Replies (1) | Respond to of 1084
 
raydit,
Note that ASTM announced on November 16 that ASTM and Cobe (which is apparently privately-held) had restructured their business relationship: biz.yahoo.com

The press release included this:

"As part of the termination, Cobe will return to Aastrom 825,000 shares of Aastrom Common Stock currently held by Cobe and Cobe has agreed not to sell any of its remaining approximately 2.4 million shares until at least January 1, 2001. The companies noted that no payments were owed or anticipated under the 1993 Agreement, so the termination has no direct effect on Aastrom or Cobe's planned investments."

-- RCM