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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Oblomov who wrote (169928)6/3/2002 5:38:11 PM
From: reaper  Read Replies (1) of 436258
 
<<The market is assigning a negative NPV on their pipelines>>

you know, their pipelines COULD have a negative NPV. lots of spending still to come on R&D/trials, with maybe or maybe not revenue in the future.

and what does "book PLUS cash" mean? cash is reflected in book value. adding book and cash double-counts cash.

Cheers
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