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Biotech / Medical : Texas Biotech (TXB)

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To: timmask who wrote (201)6/10/1997 3:03:00 PM
From: (no name provided)   of 834
 
Tim,

I would suspect no impact whatsoever. The data is out. The data is excellent.

The valuation of this stock still continues to defy rational valuation. The market cap as I write this is $135 million. It is very likely to have an approved drug this year.

Compare this to:

VIRS (Triangle Pharm) Market cap $500 million. Drugs in phase II. Legal questions regarding the drugs. Will be entering a very mature market in 2000.

NXCO (Neurex) Market cap $350 million. Probably a reasonable comparable. NDA pending.

I'm not sure you can find a company that has an NDA or one soon to be filed with a market cap below $200 million. If anyone knows of one, please let me know.

Kafka666
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