GTC Biotherapeutics (fka GTCB)

[keitern]

>>small chance of buyout, but do not expect that to happen with the current partners different interests<<

You read DD's >>60% estimate for buyout and you make this claim without qualification? DD's command of statistics and odds is pretty much without peer on this board, yet you make your wildly differing claim...

GTC's increased spending for 2nd half '08 (22 million) is a significant amount to burn, almost double the amount in the treasury, and could be an evidence that a significant deal is in the making. Otherwise IMO it would represent too big a leap of faith and could be considered irresponsible.

I think most would consider a responsible strategy to be to hold the line on spending and make the 22 million receipts for 2nd half last at least until '09 which just has to have been doable.