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Biotech / Medical : Biotech Valuation
CRSP 57.37+0.9%3:59 PM EST
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To: aknahow who wrote (4885)11/6/2001 12:38:09 PM
From: Harold Engstrom  Read Replies (1) of 52153
 
"Don't agree that the cash balances protect against dilution as they were obtained at the cost of dilution."

Depends when you buy. You are assuming that you purchase a stock and then they offer more on the open market in order to raise capital. I am assuming that you buy equity in companies that have already raised their capital.
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