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Nanosphere, Inc. Message Board

  • roboklerk roboklerk Apr 25, 2013 4:31 PM Flag

    Mirkin and Chief Technology Officer Leaving

    Is that an issue? I recall more than a few investors saying they were in this stock specifically because of the presence of Chad Mirkin. The continuing turnover two months after the mid-February purge is a little disconcerting. Have the Lurie folk alienated everyone important associated w/this company?

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    • They aren't leaving, they were asked to leave in my opinion. When you see things this way you'll see how preposterous the idea of alienation is.

      Those who hold the gold make the rules. Lurie holds the gold, of course.

      This along with the hiring going on in production is all excellent news for SPRD shareholders (in my opinion). If we meet or beat we're heading for $4.50.

      Sentiment: Strong Buy

      • 1 Reply to bignerdalert
      • I agree that they were probably asked to leave. Both Bahk and Rosenberg had been with Nanosphere previously and had left. Maybe they left because they disagreed with the strategy and now Lurie has decided they were right all along. Also both had been working with Lurie and she probably decided that their work was good and they were needed to fix what is wrong with Nanosphere.

        What is the hiring going on in production (at Nanosphere?) and how is this good for SPRD?


    • Lurie Investments has its team now fully entrenched and running the company. Is that a good thing? Is that what tends to happen before a company gets put on the block? In other words, have the technology guys set the table and w/their job completed, now the investment guys take the reins to wring the value out of the company? Basically they have moved from technology considerations to strategy (i.e.value realization) considerations.

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