Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: alexis s who wrote (348)	8/10/1999 10:46:00 PM
From: LLCF	Respond to of 52153

<technology valuation? > Just left over mkt. cap after $ taken out. Now comes the part that shows how limited use the sheet is: <Sustainable revenues = sales ?(vs other income such as milestones, grants?) Future Burn is based on past 12 mos loss? (your # or theirs?) > Sales is my guess at next 4 Q's sales+royalties, everyone is urged to chip in on issues they follow since my guess is simply latest couple Q's extrapolated out +/- fudge factor if I follow the story... but there must be a product on the market [in house or partnered] or the sales column will be 0. Sustainable revenues is my lame attempt to guess at what sales+partner agreements+ licence agreements+milestones +grants might be stable... which usually excludes grants and milestones, except with companies with tons going on a fudge factor might make sense. Future burn is simply last couple quarters of observations extrapolated out with fudge factor if I follow the story. Burn of those quarters is reduction in cash on hand. Of course fudge factor again... accuracy depends on me following the story, since there will be wacky numbers to to sales ramp ups, start/end of a trial, etc. These numbers are all dubious and everyone is more than welcome to change my numbers on issues they follow! There is obviously no substitute for your own DD. DAK