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Biotech Mailbag: Recap on GenVec

By Adam Feuerstein

About this article:
Welcome back to the Biotech Mailbag. My column on GenVec and the interim data from the phase III study of the company's pancreatic cancer drug TNFerade brought in a slew of email, mostly positive, I'm happy to report. John B. writes, "Thanks for the thorough coverage of GenVec. I didn't wait for your, or anyone else's interpretation, though. I was up early in anticipation of GenVec's results today, and I didn't like what I saw overall. I'm worried about cash for the future as well. I liquidated my position at 6:30 a.m. California time. It's been four years, and here we are back to 60 cents. "There's time to buy again before the 2009 study results. In the meantime, I'm back to trading GenVec. The 60 cents level will provide a nice swing trade for me and many others, and another reason the stock price will not see...

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