Depotech(depo) Message Board

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Biotech / Medical : Depotech(depo)

DEPO 7.300

+1.7%

Aug 14 5:00 PM EST

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To: John McCarthy who wrote (646)	12/23/1997 5:40:00 AM
From: ForYourEyesOnly	Read Replies (2) of 887

Financial Fundamentals: DEPO's share price has plummeted to below $4 per share. Is this warranted? According to the financial info on Yahoo: DEPO Book value per share: $3.18 DEPO Cash per share: $2.45 Surely the DEPO foam and the DEPO morphine must be worth something per share? I bought at $14 and I am very unhappy. I was thinking of "taking my lumps", but looking at the above information makes me think that if DEPO is able to produce ANY good news, it should be worth much more than $4 per share. If there are any that disagree, please share your ideas. I did not like the ride from $14 to $4, but I would also like to avoid a ride from $4 to $1. Good luck and keep the ideas coming.... THC

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