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Replies to #11427 on Biotech Values
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DewDiligence

05/20/05 3:59 PM

#11428 RE: walterenergy #11427

Re: PRCS

On the most recent CC, questioners demanded that management explain how Plenaxis would ever get any traction. The CEO’s answers were the usual dancing doublespeak, but the BOD must have paid attention and finally seen the light.

In almost all cases, when a product has ample time to sell and doesn’t make any headway, investors should discount talk of an impending turnaround.
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drbio45

05/20/05 5:01 PM

#11432 RE: walterenergy #11427

praecis

another example of a company that burned though hundreds of millions of dollars because the ceo has dillusions of grandure

what i could do with a couple of hundred million dollars?