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Biotech / Medical : Protein Polymer (PPTI)

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To: Paul Cohen who wrote (2)6/16/1996 2:35:00 PM
From: Fred J Bealle   of 11
 
Paul, this co. makes BONE GLUE and a coating for implants. If they actually work without irritating tissues (remember breast implants?) they are valuable. What one should do is calculate the market potential, estimate the market value of current stock issued, and calculate the potential stock price.
Having no following is wonderful. I charted the stock from 1992, and it is a bathtub curve. Start at .50, but then up to $6, and then inside the bathtub to present $4. What is missing is the number of shares issued. Is it reasonable that the stock price fell as more and more watery stock was added to pay off the investors? Not that they did not deserve it, putting cash into a wild and worthless startup.
fred b
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