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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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<p>[QUOTE="Anonymous, post: 3623804"]Sadly, the product was over hyped from the get go. You know the story...small company, one product defines its commercial capability, company desperate to prove it is different from the sea of other biotech companies, untested and over-confident leadership team, CEO trying to prove that he is competent and has the bandwidth for the role, etc. All the ingredients that lead to a terrible, embarrassing implosion.</p><p><br /></p><p>The way it works is first the front-line employees lose confidence, then the leadership team around the CEO, then the shareholders, then the board and then finally the CEO himself. We are at the shareholder stage (can you say PPS of $3.90?). </p><p><br /></p><p>I feel trapped...do I stay on board and watch the ice melt, or, hope that a miracle happens?[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 3623804"]Sadly, the product was over hyped from the get go. You know the story...small company, one product defines its commercial capability, company desperate to prove it is different from the sea of other biotech companies, untested and over-confident leadership team, CEO trying to prove that he is competent and has the bandwidth for the role, etc. All the ingredients that lead to a terrible, embarrassing implosion. The way it works is first the front-line employees lose confidence, then the leadership team around the CEO, then the shareholders, then the board and then finally the CEO himself. We are at the shareholder stage (can you say PPS of $3.90?). I feel trapped...do I stay on board and watch the ice melt, or, hope that a miracle happens?[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Lost Civilizations
>
Allos Therapeutics
>
Wall Street Thinks Folotyn is a bust
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Lost Civilizations
>
Allos Therapeutics
>
Wall Street Thinks Folotyn is a bust
>