Biotech for less than cash value Message Board

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Biotech / Medical : Biotech for less than cash value

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To: nigel bates who wrote (34)	5/30/2002 2:20:04 PM
From: baystock	of 684

<LSBC cap around $32m - interesting, if not absurd...> There cash burn rate appears to be $7 million per quarter. At this rate they will be out of cash in 6 quarters. With capital markets shut for money losing biotech's, maybe not so absurd after all...

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