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10nisman

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10nisman

Re: goingin60 post# 91520

Monday, 03/12/2007 6:25:41 PM

Monday, March 12, 2007 6:25:41 PM

Post# of 376163
INSM...

The workforce cut (i.e., restructure) was the result of the INSM's litigation settlement with Tercica and DNA (over Patent infringement). INSM didn't fall because of cutting workers but because the Company lost the litigation with Tercica and DNA. Wall Street tends to look favorably at companies that cut costs except when a Company has to in order to remain a going concern.

10nis
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