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Biotech / Medical : sciclone pharmaceuticals
SCLN 11.150.0%Oct 20 5:00 PM EST

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To: energyplay who wrote (947)8/30/2001 10:09:11 PM
From: JEB  Read Replies (1) of 1137
 
Reasonable valuation is a subjective term for a biotech (and let's be real, we are a biotech no matter how the street treats us).

Case in point:

ENZN last quarter had a P/E over 400, this quarter it has a P/E of 248.

The US market is a big market, as well as Japan and Europe. The big three. Any one of these can make you profitable, quickly.

SCLN needs to crack any one of these markets for more market growth and greater sales stability (exchange rate). It's impressive where we have come from but we still have a long way to go.

;-)
JEB
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