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Gametheory101

06/09/07 6:37 AM

#4160 RE: DewDiligence #4153

Dew, Dendreon will have the interim data from 9902B long before this lawsuit is settled or taken to a jury.

With the $100 million coming in from the convertible, its back to keep the U.S. market and look for a ROW partner.

The only change is they are now willing to sign a fair ROW partnership offer before receiving FDA approval.
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stuck_holder

06/09/07 10:12 AM

#4166 RE: DewDiligence #4153

<DNDN in its current form will probably not survive until the 9902b interim look>

to me, that would actually be a positive, as i think Gold as CEO has at times been reckless and if this latest allegation is proven in court, he would be finished, imo, which then may pave the way for a partnership sooner rather than later.

the problem with this scenario imo is that, watching Gold from afar, it is doubtful he will simply roll over and go away quietly, so this lawsuit (assuming it has merit) has the makings of a long drawn out affair, until at least 9902B interim is ready, with Gold trying to hang on for the results to "save" him.

the only way this lawsuit has any impact imo is if the BoD directly intervenes (either on its own or with outside pressure from long, activist, hedge funds) - judging by the BoD's actions to date, (i.e., enduring the hedge funds' attack on the stock for over 2 years) imo, it is very doubtful they on their own force Gold out.

jmo.