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Re: Iron Maiden post# 1173

Thursday, 01/15/2009 2:57:27 PM

Thursday, January 15, 2009 2:57:27 PM

Post# of 1234
Thanks for that post, I did see what was written and habusa has been around awhile. Solid poster with a good perspective.

Like many, I wonder the point of yesterday's machinations; though it would have seemed rational to someone.

Even amidst all the craziness inherent in such a stock under such conditions, I continue to focus on the facts and come out that someone will want this for more than debt.

In fact, the NYTimes had a story yesterday about Pfizer laying off 5-8% of its 10,000 researchers, while indicating it wants to focus on its core six therapeutic areas that includes diabetes. Analysts indicate that the company wants to have 24-28 compounds in late stage trials by the end of the year. With a strong balance sheet, they can achieve one such effort cheaply - through the purchase of AGIX.

I cannot help but think that Merriman Curhan Ford has Pfizer on speed dial...