Ariad Pharmaceuticals Inc fka ARIA

[bellweather1]

Hey 2da,

An endo update sure would be welcome. However, if you believe that Merck seriously intends to buy us out, since such an announcement would do more for our share price than their's, you might suspect that they would delay such announcements (as well as any on the combo trials) as much as possible.

Although I think they should want to acquire us, I haven't given much thought to how serious their interest is. However, in that regard they should have a lot of company, so the benefits of big pharma interest doesn't depend on them.

But my current bullish position is based on the wide range of potential catalysts that exist and the high likelihood that one or more will materilize shortly.

Staying tuned and "fully invested!!!"

Oh, and as far as hedging goes, my ariad position is my hedge!

Best,

bw