Wednesday, September 20, 2006

Icahn got 33% seats on Imclone board

Interesting news on IMCL. Icahn might have something in the pipeline for all you know. Note: He hasn't always made smart decisions. Remember BBI where he bought in at 8 - 9 bucks and tried to change the company.

Anyway Imclone is a good company with really bad leadership. They made some really poor investments (check out their balance sheet). Icahn hopefully will change all that.

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