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Strategies & Market Trends : Value Investing
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To: Steve168 who wrote (17136)6/2/2003 5:31:35 PM
From: Mr. Sunshine  Read Replies (1) of 78507
 
VICL is a biotech company with large losses. If their research comes up with a cure for cancer, the stock could be in the 100's. If it does'nt, it will eventually spend all the cash on hand and go to 0. Even though it is trading for below cash with little/no debt, there are numerous biotech companies in the same situation. With no earnings, little sales, and very high risk,why do you feel this is a value stock?
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