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Biotech / Medical : PARANOID! TIRED OF TALKING TO YOURSELF? LET'S TALK(TTP) -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (299)1/30/1999 3:14:00 PM
From: scaram(o)uche  Read Replies (2) | Respond to of 626
 
TD:

You have a motivated partner taking a molecule forward into huge phase III testing. You have competitive projects falling off like flies. You have a research premium (to cash, not book) of $40 million. You have potential leverage with piv.

No question that I buy into management's "more interest than subscribers". This looks very much like bridge financing with an intent to limit dilution at this low share price. But, bridging to what?

Very interesting to see BVF climbing into the same bed as Rosenthal again.

Rick