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lokety - Part 28

Cell Therapeutics Signs Financing Agreement

| 22 Jun 2006 | Posts | 106 views

Cell Therapeutics (CTIC) has entered a financing agreement with Societe Generale Group for the French bank to buy $55M new shares to trade on the Italian stock exchange.

Societe Generale Group will have the option to purchase an additional $17M over the next 24 months.

CTIC is a biotechnology company that develops drugs to combat cancer and related conditions. It’s flagship product, XYOTAX, is undergoing trails for approval and sale.

Source: The Associated Press

<URL:http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=AP&Date=20060621&ID=5812747>

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Web Degrees of Separation

| 20 Jun 2006 | Posts | 82 views

Nifty view of how my sites are connected on the web:


lokety.blogspot.com

www.geocities.com/lokety/main.html

<URL:http://theresachong.blogspot.com/2006/06/web-degrees-of-separation.html>
<URL:http://www.jeffooi.com/2006/06/post_27.php>

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Gates To Go

| 16 Jun 2006 | Posts | 104 views

Microsoft Corporation Chairman, Mr. Bill Gates, has announced his planned retirement from the position of Chief Software Architect with immediate effect with a transition from active involvement in the company in the next two years.

With the closing share price today at US$22.07, Bill’s current value in Microsoft is at US$21,582,782,680, give or take a few hundred million. With his huge resources, he intends to focus on his philantrophic ventures with his wife, Melinda.

I respect Bill’s choice to move on to a very respectable, noble, and useful purpose in life, besides taking over companies or crushing their existence. Since the beginning of the year, I have been contributing to charities that I feel strongly for, like the International Committee of the Red Cross (specifically for the Somali war) and Wikipedia. Help support these needy organisations to help the poor and under-priviledged people in the world!

Back to Microsoft and Bill.

I remember the time when I was tinkering with OS/2 Warp during those days when everyone else was falling into Windows 3.1. Fortunately for Microsoft but too bad for IBM, OS/2′s popularity dwindled and became relegated to server verticals. Still, it had a promising start, had it not been the loss of Microsoft’s blessing and the lack of a growing application development market.

So, if you’re the kind of guy who has billions of dollars on hand, try to do something good for people, animals or the environment once in a while. Expect nothing tangible in return, just a Good Feeling All Over.

<URL:http://www.microsoft.com/>
<URL:http://www.icrc.org/>
<URL:http://www.ibm.com/software/os/warp/>

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