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Re: BRIG_88 post# 115

Tuesday, 02/12/2008 12:20:00 PM

Tuesday, February 12, 2008 12:20:00 PM

Post# of 158
Hello Brig, I am not showing them with no debt, and was wondering the source for that info, if that's what you meant, so I can update mine. I do show that they are eliminating debt, pretty quickly, imo.

From yahoo news:

http://biz.yahoo.com/prnews/080131/neth038.html?.v=37

"As of December 31, 2007, CuraGen had cash, restricted cash and investments of $115.0 million. At December 31, 2007, CuraGen had outstanding convertible debt of $69.9 million due February 2011, compared to $176.2 million at December 31, 2006."

Yahoo isn't always up on their stats, they are showing crgn with 139 cash and 109 debt as of 12/31/07......under key statistics.....

Got to love the way they are paying that debt down.

Take Care.