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Biotech / Medical : Immunex
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To: shdu who wrote (84)8/31/1997 9:13:00 PM
From: Richard Ogier   of 656
 
I assume you mean that the stock price is 5 to 10 times what the company is really worth. Correct? I noticed that the market cap is about 10 times revenues and about 10 times book value, so maybe you are right. Are revenues expected to increase enough to justify the current price? I just started looking at IMNX and would apprectiate any explanation of why it is worth its current price.

Richard
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