InvestorsHub Logo
Followers 6
Posts 760
Boards Moderated 0
Alias Born 07/18/2006

Re: biotechnewbee post# 18942

Monday, 06/01/2009 8:27:58 PM

Monday, June 01, 2009 8:27:58 PM

Post# of 19309
La Belle Indifferance has been a real concern in trying to read management. They over the years it could be argued squandered millions on projects that went nowhere (bovine albumin, malaria vaccine, partnerships for AT III as a neovascular inhibitor, the list goes on.) They have shown no fear nor have they taken any major steps to conserve resources and concentrate on some cash cow income producing program that would sustain them until the real cash started to flow. So, either they really have a plan (big pharma, Japan etc) or they really have no care for you and me since we are not the sugar daddy companies they expect to continue to support them. But to show not a care! To not reassure their stock holders (they of great patience!) Its hard to understand. This last glitch was a doozy with no recording of the annual meeting, no minutes to review no opportunity to hear questions asked and questions answered. Just slides (but no real context, tone, etc.) and a patronizing pat on the head from Tom. Infuriating. bp

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.