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Biotech / Medical : CEPH
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To: Rohit Nanavati who wrote (165)5/8/1997 12:03:00 AM
From: Elminster   of 998
 
Hello, I am new to the biotech sector. I got wind of this
stock because of the high options premium. Anyways, I was
looking at the "numbers" for this company and the sales for
the last 4 quarters are less than 50 million and yet the
market capitalition (shares outstanding x stock price) is
1/2 BILLION ?

Is this enormous market cap typical for biotech stocks ?

Thanks,

Joe
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