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Biotech / Medical : ID Biomedical - Elephant Hunting?? (IDBEF) -- Ignore unavailable to you. Want to Upgrade?

To: StockMiser who wrote (23)3/2/1999 2:10:00 PM
From: Kaiser Soza  Respond to of 27
 
Thanks for the post. The company is still low on cash, and the warrants will likely expire on March 9. The catch 22 is that with some liquid capital, the shares would likely spike sharply. The company certainly has the ammo to find a JV partner/financing, however like all biotechs burn rate is paramount and majors will wait to strike the best deal possible.. Regards, Kaiser..


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