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Biotech / Medical : Biotech Valuation
CRSP 55.89-0.7%11:32 AM EST

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To: Ian@SI who wrote (28117)9/24/2008 3:38:49 PM
From: Biomaven1 Recommendation  Read Replies (1) of 52153
 
<rose colored glass view>

I think that's the whole basis of the idea - if you can set up a strong fire break, then the fire will go out.

But the devil is still in the details - 65% is the price of exactly what slice of the packaged bonds? Or if that is the price of the whole package, then who divvies the 65% out amongst the various tranches?

Peter
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