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Biotech / Medical : Trickle Portfolio

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To: tuck who wrote (1224)10/16/2002 9:22:38 PM
From: mopgcw  Read Replies (1) of 1784
 
Snipped from an article in Forbes on a new fund manager chris faber. he has had quite a bit of success using a fairly different cashflow model to by stocks:

"One of those, Caliper Technologies, is in the rocket phase. It aims to speed up drug development by making computer chips with microscopic channels that mix chemicals. Big customers include Amgen and Eli Lilly. Though Caliper is still in the red, Faber likes its sales growth, strong patents and $5.22 net cash per share-more than its $4 share price. The market expects a cash flow return in five years of 1%; Faber looks for 6%."
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