My understanding is that the convertible offering
was expected to happen some time in July. Wouldn't be
surprised if we got an announcement this week.
completely different subject, do you all remember how that
"All of Nothing Article" was talking about how a
complete failure in Phase III melanoma would probably mean
that Maxamine was dud for just about anything? Well,
with all the anticipation of the cancer results, I
have not fully appreciated the fact that we're going
to be getting a sneak preview with the hepatitis
results which are due in 4Q 1999. Good or bad, the
results are Phase II and will likely not cause the stock
to skyrocket or plummet. BUT....it should provide an
opportunity for those following the stock and familiar with
the nature of Maxamine to either take a little bit
off the table (if results are bad) or maybe buy a
little more (if the numbers are good).
going to be well over 100 patients in the hepatitis
trial so efficacy should be pretty clear one way or the
The buyout price would be at least $30.
Unfortunately you don't want to know the 10% figure because it
has to do with the second half of the All or Nothing
statement. We all must be realistic in our investment
strategy. Hey, but I will take them odds. 90% upside vs.
What is your take on the GLIA numbers?
haven't you added your estimates to the MMP
Do you have a reference (or an idea where I might
look) for an independent assessment of antisense? By
independent, I mean not from one of the companies pushing the
CNBC .. positive on GLIA numbers, although they didn't
know what the company does.
My guess (and hope) is that in Oct -00 the
problems f�r MMP will be over and the stock will be traded
50 % 70 US-dollars
25 % 50 " "
20 % 25 " "
5 % 1 " "
The reason for the altime-low in
MMP is partly due in my opinion
to the low profile
that the management of MMP is keeping gainst the
market( anyway in Sweden).
I also wonder why MMP
did`not ask all the present shareholders to put up the
needed money- I definitely would have sais yes.
luck to all MMP longs!
Please submit here your estimates (probability
weighted) what the closing stock price for MMP will be in
US $'s on 31 October 2000. A prototypical response
50% chance $30.25
25% chance $
25% chance $ 1.15
Let's collect these
estimates (can be as many probabilities as you choose, but
they MUST add up to 100%) and see what the folks who
really know think.
Also, we are counting on some
responses from Sweeden. If you wish you can give the prices
in SK, but must also give an exchange rate.
Anyway, it's something to do on a day where things appear
to have dropped a bit.
OT: Terry ... you buddy couldn't stay "underground"
Thanks for making that clearer to me. I think
that makes sense. Actually, and please excuse the
bragging, I was happy for this oportunity to get back into
MMP. I bought and sold it thre times, and bought it
again today at 9 1/4. That brings my cost down to 7
3/8. I was roundly critisized by another member of
this board, whos name will go unmentioned, for that
practice. But hey I am happy to bet $7 3/8 on the future of
Maximine on an all or nothing bet.