Friday, December 21, 2012 2:09:39 PM
My first impression is that we're too early for both drugs and cash; it appears even after the early Dec financing that they only have about 4 more months operating income before they have to go back to the well again. Is that correct?
CALAA01 looks interesting. I put no stock in the weight loss there, way too early (and I'm rooting for ARNA in that space).
Overall I've put it on my watchlist but if you know of anything that makes it more of a priority, let me know.
Thanks again (and no offense to this board's regulars).
Trond
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