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Biotech / Medical : Biotech for less than cash value

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To: fred hayes who wrote (217)5/1/2005 11:48:03 PM
From: Robohogs  Read Replies (1) of 684
 
Good find. Looks like the main issue is that the adjusted burn rate could still eat cash by about the difference between MV and cash over the next 12-18 months so one needs an idea that value is created for the spend.

Jon
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