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Biotech / Medical : Organovo (ONVO)

ONVO 2.360

-12.6%

9:30 AM EST

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To: yofal who wrote (110)	11/19/2013 1:49:05 PM
From: i-node	Read Replies (1) of 171

It was a pretty good article. The most damning statement, in bold type in the article: "There is precisely zero chance of Organovo reaping hundreds (or even tens) of millions of dollars in revenues over the next 3-5 years. Organovo management certainly can have no such expectations. Only the retail investors do as a result of a recent string of bullish articles. Even if an investor wants to arbitrarily double all of the assumptions above, it does not even come to $10 million cumulative revenues for the next 3 years total. Beyond 3 years, we have been given no indication when additional products will be launched." Although not many things have a "precisely zero chance", he probably isn't too far off the mark with that statement. The company appeals to me because they seem to be creative not only with the product but in how they're going to market it to generate some revenue along the way. It could be a very long time before the big payoff arrives, but if they can minimize the cash burn in the meantime that's about the most one can expect from them.

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