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Biotech / Medical : CYPB - Cypress BioScience

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To: Jay Lowe who wrote (179)5/13/1998 6:14:00 PM
From: muddphudd  Read Replies (1) of 586
 
If we can get CYPB to candidly discuss the Prosorba Technology and future plans then we'd have something.

Like I said, I am willing to talk to anyone. As an investor, I would like to feel confident about the technology and the management. As a physician, I am simply curious how this works and whether other patients with auto-immune disorders could benefit.

I just went over some financials with my brother-in-law.
He said that there are 38 million CYPB shares outstanding (a lot).
The Price/Book ration is high at 22.36. That means that there is a lot of confidence in the company. However, they only have 8 million in assets. Which means that if something goes wrong.....we are looking at a penny stock. These numbers are from the WSJ website briefing books. I am no financial wizard. If there is someone who could shed some further light onto the CYPB financial picture I would greatly appreciate it.
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