Biotech Valuation Message Board

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Biotech / Medical : Biotech Valuation

CRSP 54.60

0.0%

1:05 PM EST

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To: LLCF who wrote (478)	12/27/1999 10:24:00 PM
From: Larry Liebman	of 52153

More valuation: CRA+AFFX+INCY+HGSI+MLNM= $19 billion capitalization MRK 2.34 billion shares outstanding. Move of MRK from 70(today) to 78(someday)...8 point move... equivalent to total market cap of genomics leaders. Not saying the valuation is inexpensive... rather, trying to put it in context.

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