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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Cytokine1 who wrote (6151)12/21/1998 11:12:00 PM
From: Biomaven  Read Replies (2) of 9719
 
IMUL is worth a look for the value-oriented biotech investor (kind of an oxymoron, I guess).

After its latest deal:

prnewswire.com

it is basically a shell, with lots more cash than market cap, and a chance at some upside if any of its licensed products work out. (Something I haven't a clue about).

There's a risk, of course, that they'll just sit on their cash and decorate their offices 'til it's all gone. But if there wasn't a little bit of risk it wouldn't be a proper biotech investment now would it? <G>

Peter
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