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doofus_king

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doofus_king

Re: OKY post# 7954

Saturday, 02/09/2008 8:16:04 PM

Saturday, February 09, 2008 8:16:04 PM

Post# of 19309
I wouldn't have dumped a million bucks into progenetics. Think about the associated dilution relative to this last placement 1 million dollars amounts to. I wouldn't have bought back shares from genzyme a few years ago for ten million. Think about that one. A biotech with no meaningful cash flow buying its shares back. This company lacks financial discipline. The CFO should be fired.

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