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Biotech / Medical : The thread of life
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To: Steve Lokness who wrote (1294)2/15/2007 4:55:06 PM
From: Mike McFarlandRead Replies (1) of 1336
 
Nice to see it trend up, though MC just under
$60m so the DR enterprise is still valued for peanuts.

I'm willing to watch it for the next year and if the
DR unit matures and pulls in a couple payments or a
royalty is made known, then it will be worthwhile.
Biotechs that are accepted trade for at least three
times book value, not just slightly over cash!
"Reprofiling" helped find more literature, thanks to
Rick for that!

In any event, the marketcap has increased only $5m
in the past week or two-- and that is only meaningful
to yahoo daytraders scrounging for nickles and dimes.
Still, it is trending in the right direction, so
no complaints here.
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