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Biotech / Medical : Biotech Valuation
CRSP 53.85-4.5%Jan 9 9:30 AM EST

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To: Biomaven who started this subject10/15/2002 9:12:24 AM
From: numbrcrunchr  Read Replies (1) of 52153
 
To Biomaven: Regarding CNEX
Sometimes its good to be objective and to think outside the box. I try and find smaller companys with a niche and that is not always easy. This company you say Im pumping happens to own the license for a multi bio warefare detection system developed by Los Alamos lab for the Government. They got lucky and bought the Tech license a year and a half ago just before September 11. , for what they thought would be used for the relatively mundane job of detecting ecoli in food for the food industry. They found themselves holding the license for a technology that will ensure public safety on airplanes etc. Very big deal in politics and government right now as you know unless you've been hiding in a box. Speaking at the conference this month is just the start.

Please have an open mind
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