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Gold/Mining/Energy : Nuvo Research Inc

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To: Tom Drolet who wrote (3186)1/23/2000 1:10:00 PM
From: Mike Jubian  Read Replies (2) of 14101
 
Mark, Tom,

"While there are others with great prospects (Biomira and Hemosol, to name two) none are as close to actually making money as DMX."

Just looking at TSE 300 composite index, Biotech/Pharma

1) Biochem Pharma with 4.4 Billion M/Cap and EPS of 1.27
2) Biovail with 4.9 Billion M/Cap and EPS of 1.53
3) QLT Photo. with 6.9 Billion M/Cap and EPS of -.50

(just to compare, DMX just under 200 Million M/Cap and EPS of -.37)

My point is making money doesn't necessarily mean your worth more. What makes QLT so special and more valuable then BCH and BVF? I have read past posts mentioning that DMX has a greater market then QLT. Would it be safe to say DMX will out perform QLT? How can we justify what a company is worth? I know we need more buyers, but whose responsibility is that?

PS: don't pay too much attention to me, this is my second day on the patch. If smoking is not going to kill me quitting is. I think I'll go to Home Depot and finish the basement.

MJ
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