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Biotech / Medical : Biotech for less than cash value

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To: tom pope who wrote (230)8/19/2005 10:54:52 AM
From: MCsweet  Read Replies (1) of 684
 
Tom,

You don't get to a 52-week low and below-cash valuation by being company of the year. If you have gotten on my stock screen you've done something wrong.

I see this stock has done horrendously. The question is if it is a buy from here. Your comments tell me to stay away, but they seem related more to the past than to the future.

When everyone is disgusted with a stock, that can be a good time to buy. The question is whether things will deteriorate further from here. Risks look like potential lawsuits, delisting, further cash burn.

Thanks
MC
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