CNSI Cambridge Neuroscience Message Board

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Biotech / Medical : CNSI Cambridge Neuroscience

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To: swoboda4 who wrote (312)	12/22/1997 9:47:00 PM
From: NeuroInvestment	Read Replies (2) of 675

My comments were not a statement regarding CNSI's intrinsic worth: the market is not valuing them rationally, though I would be hard-pressed to think of more than a handful of companies in the neuro sector that are being valued rationally. The price may be a bargain, but the Market is going to take a while to adjust to the shift, from looking at CNSI the company that has Cerestat about-to-emerge, to CNSI the early-stage R&D company that has just started human trials with 5161, without punishing them for it. In other words, if CNSI had this much cash, plus its discovery programs, and Cerestat had never existed, CNSI would be selling at a somewhat higher price than is currently the case. NeuroInvestment

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