Duramed (DRMD) Synthetic Estrogen Product Message Board

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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: JOHNNY DOLLAR who wrote (660)	3/20/1998 2:40:00 PM
From: Thure Meyer	Read Replies (1) of 1837

The market is thought to be efficient with respect to information. That begs the question though. Clearly not every player has every piece of information all the time nor is the info evaluated the same way. Furthermore, the market is embedded in a valuation framework which is influenced by government policy, cultural issues, international economy and so on. This means that at any given moment if you have a better valuation method you will have a clear advantage. The media has a profound effect on that valuation framework. Today DRMD is being viewed differently (that's good for us), from an unknown to possibly high potential. This has affected the valuation framework dramatically. Thure

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