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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (104508)	5/24/2001 11:48:10 AM
From: patron_anejo_por_favor	Read Replies (1) of 436258

This could be the very dumbest thing I've ever seen in an analysts report (on Genome Therapeutics): marketwatch.com In a unique twist on a valuation model, Ladenburg said it values genomics companies by the level of their research and development spending - the more they spend, the more they're worth. When using this metric, Genome is "substantially undervalued," according to Ladenburg. Absolutely, f*cking brilliant! The more cash we burn (doesn't matter WHO is doing the research, and if they're cost-efficient, so much the worse), the better! It's not our money anyway, it is (was) yours! Disclosure: Short GENE as of today.

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