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Biotech / Medical : Biotech Valuation
CRSP 56.87-2.3%Dec 5 9:30 AM EST

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To: BRAVEHEART who wrote (72)3/17/1999 12:57:00 PM
From: LLCF   of 52153
 
<I would include a companies cash burn in any valuation model.>

Yes, of course... I've got more time lately, I'll add a couple of "burn" columns and use annual numbers from the year end results that we have most of now. Problems in some cases of course because of programs eliminated or added changing burn, but we'll start with that number and adjust from there. :)

DAK
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