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Biotech / Medical : CYPH - Cytoclonal Pharmaceutics
CYPH 2.270-22.8%Nov 21 3:59 PM EST

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To: Sir Auric Goldfinger who wrote (220)7/1/1998 8:51:00 PM
From: SPEEDRACER  Read Replies (1) of 428
 
You seem very sure of yourself in bad mouthing CYPH. As I understand it, they will get 50 million from BMY over the next 2 to 3 years, that's an average of 1$ a share per year for the first three, then they will get in excess of 10 million a year from royalties. That's just from BMY!!!!!! Also BMY can only use CYPH's taxol for certain cancers. CYPH is talking to many other companies and will certainly come up with many more agreements that will be revenue producing. The 10 Million a year after the first three is about 75 cents a share. At 10$ this would be a fair price if that was the end of it. However the potential revenues from all other deals that CYPH can put together clearly puts this stock at a serious undervaluation. I bought more today . I averaged buying 10k at 6.75 sold 5k at the close today and kept the rest. What a gift...... SPEEDY==========================
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