Biotech Values

[walldiver]

<<Why didn’t anyone correct the posts by ‘radiationcancerdoc’ and others from two weeks ago that touted the ASCO presentation?>>

Are you referring to the one or two-day period prior to the presentation being pulled? If so, there were a number of posts on the yahoo board which were negative about the prospect of 9902A data being presented, both before and after it was pulled. I would have rather seen it presented, in order to get a handle on how complete the mature survival dataset was at the time point 28 months after the last patient was enrolled in Aug 2002.

<<If it was not widely known that the presentation had been pulled several months ago, some traders may have thought this was fresh dirt. If so, this could be an explanation, at least in part, for the immense weakness in the stock recently.>>

Agreed, I think it wasn't handled very well and this situation, the proposal to increase the shares outstanding, plus the overall bio bear explain the drop pretty well.