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JJM760

11/19/11 12:58 PM

#14340 RE: DewDiligence #14337

Dew

Getting back to our discussion of the "top pick short" (hypothetical or not), let's define the parameters of our gentlemen's wager. Let's say this: 1 year from today, where would you expect the share price to be from the $10.20 point? Higher or lower? For s#@ts and giggles, let's put our cards on the table as to what we think the share price will be.

I'll go first. My guess is that 1 year from today, Ariad's share price will be somewhere between $20-$25 per share.

How about you?