Biotech Valuation Message Board

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Biotech / Medical : Biotech Valuation

CRSP 54.85

-3.7%

12:07 PM EST

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To: Spekulatius who wrote (274)	7/13/1999 1:07:00 AM
From: scaram(o)uche	Read Replies (1) of 52153

Ralf: Strongly agree with everything you said. However, technologies are cheap right now, and $150 million can buy opportunity. I feel that they'd really have to muck up to turn my 40 cents into something worth 40 cents. There is no question..... I'd prefer to find a company that will turn my 40 cents into $4 on the basis of a growing, vibrant business. However, we have an idiom..... don't look a gift horse in the mouth..... it means don't turn away a gift on the basis of criteria you'd use if paying. $150 million, summer of '99? That's license to develop one heck of a business within five years. Downside?...... they could pull "a Chiron". We'll see. Good comments, very much appreciated. Rick

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