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


To: Bruce Cullen who wrote (1198)1/14/2000 10:53:00 AM
From: CMason  Read Replies (1) | Respond to of 1223
 
Keep watching the book value of $50.00

Actually, the book value is $.20 per share, so it's trading at 50x book. After a year and a half of having Apligraf on the market, they continue to generate very little in sales.

The company is arguably grossly overvalued at its present price.