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Biotech / Medical : Biotech for less than cash value

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To: rkrw who wrote (259)8/20/2007 2:39:13 PM
From: rkrw  Read Replies (4) of 684
 
Using 6/30 cash on hand and not including debt, these are at >90% cash/market cap.

Crgn
Agix
Inhx
Osci
Nuvo
Vion
Thld
Ands
Coly
Idix
Ymi
Adlr
Rnvs
Glgc
Neol

Last year when I posted a similar list only one of the bunch did well, Praecis by virtue of m&a. Only other one to increase in value was incy by just a dollar a share, dovp, crgn and osci smashed.

A few repeats on the list but mainly a bunch of recent late stage clinical crash and burns.
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