Biotech Values

[zipjet]

On the Reg FD debate.

DD has it right, IMO.

One point. Disclosures are either material or they are not material. Forget the 0-10 scale stuff. This is binary, it is material 0 or not material 1.

DD>>More important, the latest Proellex PR is intentionally misleading and seeks to conceal, among other things, the high dropout rate in the Proellex arms.

DD may also be right on that point. BUT it does not follow from anything that has been publicly disclosed that he is right. DD states as a fact, what is no more than an inference - an inference that may be wrong.

ij