Biotech Valuation Message Board

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Biotech / Medical : Biotech Valuation

CRSP 55.23

+0.2%

1:13 PM EST

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To: Gulo who wrote (6205)	4/23/2002 12:23:52 AM
From: Robohogs	Read Replies (1) of 52153

VPHM is not trading below cash. It has the SEPR problem - debt outstanding. Adjusting cash for debt likely leaves about $25 MM after 1Q burn. You have 30 cents of cash for every dollar of stock price. Stay away if you are trying to get free cash. Jon

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