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Biotech / Medical : Biotech Short Candidates
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To: keokalani'nui who wrote (496)4/29/2003 2:23:35 PM
From: nigel bates  Read Replies (1) of 897
 
Never followed it myself, but 6x book needs a great deal of justifying in the current market.
Can't see how they can resist a share issue if the price doesn't crater quickly.

                    BALANCE SHEET HIGHLIGHTS

                                        December 31,     December 31,
                                            2002             2001
Cash, cash equivalents and short-term
 securities                             $ 19,293,645     $ 25,597,121
Total current assets                      20,401,988       27,511,076
Total assets                              28,603,757       33,815,113
Total current liabilities                  5,122,134        3,281,066
Total shareholders' equity               $23,481,623      $30,534,047
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