Tuesday, October 16, 2007 12:36:54 PM
I doubt, as Neuro said, he could walk away the minute the FDA ruling was announced, certainly some commitments were made and honored had he been signed prior to the ruling, which I am sure he was.
I am sure Tran was aware of the binary event as well and did know there was a possibilty of the decision not going COR's way. So the position was filled on obvious assumptions. This makes me feel slightly better, seeing as he certainly must have, and is, aware of COR's progress in other compounds and their ability to move forward financially. He has inside information that we do not. He certainly wouldn't come aboard for future worthless options and to put his his finger in the dam.
Also, maybe the conference call has been set back due to his arrival. Stoll may have wanted to include opinions of Tran within the CC and certainly could not do this until his announcement. That's a bit of a stretch, however.
Either way, let's stop the bleeding and hear the game plan. Weak volume and deteriorating SP is making me bulimic.
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