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Biotech / Medical : Biotech Valuation
CRSP 55.11-2.6%Nov 7 3:59 PM EST

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To: scaram(o)uche who wrote (5187)12/20/2001 2:37:28 PM
From: Michael Young  Read Replies (1) of 52153
 
The market cap figure is a bit distorted. The company owes Jaharis a ton of shares due to the loans he has made to the company. There are officially around 20 million shares outstanding. But I recall reading an analyst report using 40 million shares as a more realistic assumption for market cap/valuation purposes.

MIKE
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