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Biotech / Medical : Biotech Valuation
CRSP 53.47+0.3%Nov 28 9:30 AM EST
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To: LLCF who wrote (142)4/8/1999 9:14:00 AM
From: scaram(o)uche   of 52153
 
Let's use this phrase frequently, on several threads. No need to use it on the GILD, MLNM or NXTR threads.........

"Caught in the headlights"

I was asked in another thread (?) if I would feel cheated if one of my potential 10-baggers was taken out at 3X. To answer..... I would not mind seeing MLNM take out SIBI at *1*X. I would not mind seeing MLNM take out BTRN at *1*X. I believe that it would pay in the future. I would much prefer this to Merck or Novartis, respectively, at 3X.

Where are you, biotech CEOs? What are you doing? Are you just securing the hatches and waiting?
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