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Re: DewDiligence post# 42278

Wednesday, 02/21/2007 2:23:50 PM

Wednesday, February 21, 2007 2:23:50 PM

Post# of 253121
DYAX is down only 4%. CEO Henry Blair evidently did a good job of spinning the GENZ pullout as non-negative. DYAX is even trading above the $3.86 valuation implicit in the DX-88 settlement.

Blair says clearing the decks of any GENZ influence may allow another company to bid for DX-88 in both HAE and CABG. I have my doubts that anyone will be interested.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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