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Biotech / Medical : Senomys(SNMX)- A Taste for Success!!!
SNMX 1.4900.0%Nov 5 4:00 PM EST

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To: Arthur Radley who wrote (46)3/29/2005 5:23:29 PM
From: DewDiligence_on_SI   of 192
 
Based on "current" collaborative deals the combined total of the products that could be using SNMXs product is $38Billion. The CEO clearly stated that he didn't expect this to be the actual amount that would be using their product...but assuming that merely a 1/4th application and using the lowest royalty rate of 1% you are looking at huge revenue numbers for SNMX.

That’s called Chinese math. It’s a variation on a hackneyed hook: “If only 1% of all the people in China buy our product, we will make a gazillion trillion dollars selling our widget.”
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