Cell Genesys (CEGE) Message Board

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Biotech / Medical : Cell Genesys (CEGE)

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To: EightyEight who wrote (976)	7/10/2000 9:40:12 PM
From: Gemini	Read Replies (3) of 1298

According to my calculations, CEGE has in excess of ONE BILLION DOLLARS in cash based upon today's market close. In-house, it has 585.5 million. In addition, its 12% position in ABGX equates to approximately 675 million for a grand total of approximately 1.260 billion in cash and cash equivalents. biz.yahoo.com What's also absolutely amazing is the fact that CEGE has a market cap of only 1.132 billion as of the close today. When was the last time anyone has ever heard of an established public company having a higher cash position than its total market capitalization? I do not believe I ever have. Cash truly is KING and Wall Street is finally recognizing management's accomplishments. All the best, Allan

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