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Biotech / Medical : Biotech for less than cash value

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To: rkrw who wrote (259)6/26/2006 11:13:41 AM
From: Steve Lokness  Read Replies (1) of 684
 
Sub cash seems less important than how it is managed - or the plan to keep from going to zero cash. If there is no prospect of getting to profitability after the shares have sank so low, it is very dilutive to go to the market for more cash. Some of these listed have not much more than a hope and a prayer that someone will come along and buy them out - or merge as in DPII.

So who amoung both your list do you see as "making it"? The biggest surprise to me is GLGC. Maybe this is one of those stocks I fell "in love with"? My gosh at the MC it is at now though, one is sure not paying much for all the science they have done.

Is there a winner in the list?

steve
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