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Biotech / Medical : Trickle Portfolio
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To: tuck who wrote (79)11/19/2000 9:27:01 PM
From: Spekulatius  Read Replies (1) of 1784
 
Tuck, have you considered LEXG as a trickle play?
They Gene -Knockout mice and bioinformatics for drug discovery. Lexicon has partnerships with big drug companies (BMY, AHP, DD, Searle, Bayer) and biotechs (LGND, Tularik, MLNM etc.). Not cheap, based on a revenue of 5M$ last quarter and a market cap of 750M$. But they have got 200M$ in cash and lots if IP,IMO.
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