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Biotech / Medical : Diagnocure CUR

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To: Claude Robitaille who started this subject10/29/2001 1:34:26 PM
From: Mr. L. Neufeldt  Read Replies (1) of 132
 
With Abbott buying out Vysis for $355 million for their diagnostic capabilities, does that make Diagnocure a potential buyout target.
uPM3 results should be out within two weeks and the results are anticipated as being very positive.
At $0.90/share, Diagnocure is severely undervalued with potential and anticipated revenue of $30 million by 2004. Or if you subscribe to them being one year off their target then by 2005.
Vysis sales were just beginning to ramp up at about $22 million. Diagnocure's future revenue stream seems to have potential to head the same path.
Prostates cancer test market is anticipated at being $1 to $2.5 Billion. Obviously Abbott wants to control this aspect of the market with their PSA test. What does that make Diagnocure really worth???
Not $0.90/share!
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