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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: gfp927z who wrote (62)4/15/2005 12:36:25 PM
From: Arthur Radley   of 192
 
gfp,
I agree that SNMX is probably fully priced at the current levels and it will take some news on the current savory products being tested or additional alliance deals being announced to move the stock..however, my approach is to accumulate and hold for at least two years.

As for your question about the lockup...I'm not sure on this issue but I think it has passed. Normally I think the lockups are for about 6 months. Somewhere I've read this has passed for SNMX.

As for your reference to only $3M in revenue for 2006, data I've seen is for revenue being over $20M for 2006. This includes milestones and savory revenue..so I'm not sure what part is just product revenue. My hope for the future is tied to the sweet and salty markets...with savory merely paying the light bill.

Have a good one...off to the Post Office to make Uncle Sam happy!
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