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Biotech / Medical : Biotech Valuation
CRSP 53.47+0.3%Nov 28 9:30 AM EST

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To: Biomaven who wrote (3082)3/14/2001 5:09:20 PM
From: Jibacoa  Read Replies (1) of 52153
 
Yes,and the company only uses 16.661 million shares in their computations.

Also it is interesting to see that in spite of having a $39.619 million operating loss for the year (including in-process R&D) they finished with more than $307 million extra in cash.

It seems the Common offering was a very profitable one although it was not reflected in the stock price as, (except for the "January effect), the down trend has been pretty well preserved since November:

siliconinvestor.com

Bernard
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