Replies to post #162959 on Avid Bioservices Inc (CDMO)

[revenue_monster]

St.Steph well written, and right to the point.

[stoneroad]

Stephensrevenge, thanks for your response. I too worry that Peregrine may not reward shareholders before the looming financial crisis hits and IMO will make '07/'08 look like a walk in the park.

[dia76ca]

And the evidence you have that Steve has turned down fair offers is? I have no doubt that he has turned down poor offers. Steve has a far better idea of what is a fair offer than you or I do. I trust him.

[Frustrated]

ststephen another great post that is more accurate and believable than any rah rah post or list of things to come that has been posted here for the last 5 years. Sometimes things are what they are because it is what it is. Think of all the patients that have been let down by mgmt.'s greed if they indeed have the goods and will not partner to move the drugs forward. We already have Cotara sitting for the 2nd time on the shelf. Who knows if Bavi will be next. How people could get excited about AACR poster presentations when we supposedly have two drugs ready for partnering is really unexplainable. Mgmt publicly stated the coding errors to me means nothing is coming out of the lawsuit. Just an unfortunate error that cause shareholders lots of pain and gave mgmt two more years to collect salaries, bonuses and options. Your post should be a sticky note to balance the story. All imo.

[microbe_man]

Great post, thanks

[biopharm]

Peregrine never spent and took a write down of $2.5 Billion dollars such as BMS.... heck, they have done everything on less than 20% of that mistake that BMS made, and will see 10x the earnings that BMS expected from that purchase. Actually.... thats part of the reason that Elliot Sigal probably left as well..... that and who knows what more : )

Glory Days ahead... : )