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Theo

08/01/03 12:48 PM

#2260 RE: Theo #2258

This statement really demonstrates Dr. Frudakis's vision:
"...we were comprised of young, very bright scientists who think innovation, not old school. Our founding group was comprised of a group of scientists and not a group of business people and we got the business expertise after the fact."


Develop the "idea" so that nothing interferes with the vision- work the plan/vision- implement the business aspect AFTER the fact. Dr. Frudakis- you gotta love the Maverick in him! :)

Theo;-)
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novicetx

08/01/03 1:17 PM

#2262 RE: Theo #2258

Theo, he mentioned more than once utilizing drugs that are already in the pipeline from small companies. He also stressed that whatever "deals" were made would in the long run make the stock much more valuable than it would be without the deals.

He's relying on the increase in value much more than we are, as he has obviously poured his personal resources as well as his brain power into this company.

When I said, as he was about to leave, that what I was hearing was that we should have no worries about of the long-term viability of the company, he smiled and responded that he hadn't failed at anything he had attempted--and left unsaid was that DNAP would be no exception.


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SlopsterSlasher

08/01/03 3:24 PM

#2273 RE: Theo #2258

Theo,I have to agree with Quintessential nature of your post,partner/merger or other business arragement sounds more likely. On the other hand shtuff does happen and we could have a new drug comp. Thanks again for you very analytical synopsis.