Momenta Pharmaceuticals, Inc. (MNTA)

[vinmantoo]

<I could cite Netscape which had the only web browser at one point. Microsoft entered the market and were relentless in trying to crush Netscape and increase market share. We all know what happened to Netscape.>

Of course the an analogy of Netscape with Microsoft in terms of their browsers is completely absurd. Anyone can develop a browser and market it. Microsoft used its almost monopoly position to drive Netscape out of business and they could do it because there was no regulatory agency that they had to submit to before releasing their browser. TEVA must go through the FDA and they can issue as many press releases as they want and pressure as many analysts as they like, but the FDA will make the final decision. How much TEVA can influence the street in the interval is irrelevant. If they don't follow up their nebulous "in the near future" comment with some specific timeline and ultimately, submission of data in the next few months, then it will become clear that their submission is in trouble. What the street believes now is irrelevant since they don't know anything specific. Even when TEVA finally does submit their response, they still have to wait until the FDA rules.

I am through with with this Tekcor as there is something wrong with him. I make a joke about ducks and decoys and the guy looks for a definition in wikipedia.