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Biotech / Medical : Bio Technology General - BTGC -- Ignore unavailable to you. Want to Upgrade?


To: Dave O. who wrote (1807)4/14/1999 6:50:00 PM
From: Lawrence Burg  Read Replies (1) | Respond to of 2028
 
Thanks Dave. Really appreciate the fill in. Looks like I'm eating my prediction. If there was no news or rumor to hold it up a bit, I'd expect it to pull back more, but I think I'll stick it out for a few days...:o)



To: Dave O. who wrote (1807)6/2/1999 10:17:00 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 2028
 
Dave, did you notice in the Annual Rpt. the note indicating that BTGC will spend $30M on equipping a new production facility in Israel? I guess that is a good part of the $70M cash position. They still have some dough to continue looking for promising candidates, drugs or companies. With the continued strong income stream, they should be able to buy some good technology. Many, many cash short biotechs out there looking to consolidate or partner.

Anyone going to the meeting in NY on June 9th? I'm actually considering taking a day off and seeing what the upper management has to say. Any possible questions out there?

Jim