SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?


To: 5,17,37,5,101,... who wrote (750)5/5/1999 12:09:00 AM
From: CPAMarty  Respond to of 2515
 
I would agree with you that it is more likely that the additional shares are meant for acquisitions - if the shares could only be used for this purpose (and not as a takeover defense), i might feel better about the proposal. They might come across an opportunity to diversify their pipeline by acquiring another company.