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Biotech / Medical : EntreMed (ENMD)
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To: Jason who wrote (670)5/5/1998 11:32:00 AM
From: Anaxagoras  Read Replies (1) of 2135
 
<<ENMD with 5.9 million shares float at the current price 47 is priced at 277 million only.>>

What the Heck is that figure of $277?

Pure sophistry.

Shares outstanding stand at 12.4 million; that gives a market cap of more than half a billion for a company with a miracle product for hapless mice years away from sales.

Anaxagoras
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