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Vical Incorporated Message Board

tenyearinvestment 1 post  |  Last Activity: Oct 15, 2014 2:17 PM Member since: Dec 7, 2010
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  • tenyearinvestment tenyearinvestment Oct 15, 2014 2:17 PM Flag

    Two comments: First, excellent execution of mediocre strategy always beats mediocre execution of excellent strategy in business. Leiden's execution is excellent with regard to establishing and protecting the CF Franchise. He is covering all the bases.

    Second, I have been around Vertex for more than fifteen years. It has always been a great Science company run by great scientists whose varied interests were continuously funded by vastly dilutive stock sales. With a constant level of holding on my part my proportionate share of the company has fallen by two thirds. I have always loved the science but I am ready for them to fund themselves.

    To every thing there is a season (The Byrds). The time for more broad scale efforts is approaching and I hope that M. Leiden makes the turn when that is appropriate (and is thinking about the issue now) but Not Now.


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