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Biotech / Medical : Biotech for less than cash value

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To: tuck who wrote (193)8/26/2003 2:18:03 AM
From: Tomato   of 684
 
I'm not sure of any that are at a significant discount anymore

KDUS sure is:

biz.yahoo.com

LIQUIDITY AND CAPITAL RESOURCES

At June 30, 2003 the Company held cash and cash equivalents of $24.5 million. The Company's working capital at June 30, 2003 was $25.4 million.

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13.1 million shares outstanding. $1.87 cash per share. Share price $1.49 today. It would give one a 25% gain if the stock price got to KDUS's cash level from here. I hear Ben Graham channeled a buy order in a seance. <g>

Cheers
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