Replies to post #110354 on Biotech Values

[Mpower]

It's nice to get a wide variety of opinions, and yours, no matter how unpopular, is appreciated. The market is clearly not impressed by Momenta's story, and the Lupenox/TEVA side-story seems extremely bizarre.

That being said, TEVA management has a history of being over-zealous (e.g. the TEVA generic Protonix at-risk launch disaster). It is certainly possible (and even likely) that TEVA is taking an unorthodox approach as they seek ways to buoy their extremely weak share-price while creating a sense amongst market participants that the Copaxone franchise is immune from generic-competition. (i.e. TEVA's Elevator Pitch to Market: "We at TEVA have characterization technology as sophisticated as MNTA (we are about to get tL approval) and we are telling you that Copaxone is too complicated to safely replicate, so don't worry about a generic threat to Copaxone")

Don't forget that TEVA was aggressively asserting that they would get approval in August (1 month after MNTA received approval). They also swore that they would get approval before end of the year. (tick tock) And what about the fact that they had a 2 year lead in the generic-lovenox application process.... hmmmm .. their explanations certainly don't pass the "smell-test" you were previously alluding to.

I think the weakness in the PPS was the result of an expectation (by some well connected folks) that MNTA would raise (probably for their FoB program, or to enhance their negotiating posture for a M118 partnership).

IMHO, the MNTA PPS will rise significantly over the next 3-4 weeks.

[oldberkeley]

It is over and done with, but you incessantly, one might even say obsessively, mention Dew, RPRX, and GTCB in most of your posts.

We're all big boys and girls here. We appreciate your selfless concern for our emotional and financial welfare, but I don't quite understand how you know what people here are thinking? ESP?

I don't underestimate the power of common sense, that's why I'm going to give your posts exactly the amount of consideration they deserve. Exactly that amount, I promise.

ps: OT- I don't mean to be rude, but Joe, for your own good, you've got to do something about your anger problem.

[Mpower]

Why do you think people follow his line of thinking blindly? That is a pretty bold statement and suggests that board members can't process information for themselves.

In fact, I don't believe anyone on this board started buying hand over fist once the Lupenox angle was presented. (The stock price is certainly a testament to that fact) Many folks unfairly intimated that DD was a charlatan after he suggested this was what he had been led to believe. Interestingly enough (coincidentally), around the same time, we did start seeing TEVA acknowledge that their version of tL was being developed and manufactured outside of the United States. Coincidence, perhaps....

In any case, DD should be given kudos for his very competent organization skills. I would hire him to organize my files and folders on the spot. Even if he lost all his money in MNTA, he would have a job with me filing folders and organizing documents and thoughts.