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DewDiligence

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DewDiligence

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Re: genisi post# 52

Tuesday, 04/24/2007 4:27:32 AM

Tuesday, April 24, 2007 4:27:32 AM

Post# of 229
Thanks, Idit, for the update. CGEN is a company who seems to act as though we were still living in the 1999-2000 bubble era.

>They are burning as much as $14M per year so they will be out of cash by the end of 2008 so I don't think that there is any point in buying the stock before that.<

A cash ball from outer space could land in their parking lot but, barring that, your advice is eminently reasonable, IMO. Regards, Dew

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

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