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Replies to #21799 on Biotech Values
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DewDiligence

01/11/06 8:12 AM

#21801 RE: drbio45 #21799

>The cfo leaving shouldn't bother you because there weren't any revenues to screw around with.<

DNDN doesn’t have any material revenues either, and yet the announcement of the CFO’s departure there was a harbinger of poor performance for the stock.

As previously noted, among all of the top executives in a biotech company, the CFO has the least to gain and the most to lose by sticking around when there are problems not fully known to investors.