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Biotech / Medical : Life Medical Sciences (CHAI) for Hair Regrowth? -- Ignore unavailable to you. Want to Upgrade?


To: Marc D. who wrote (1102)1/21/2000 2:21:00 PM
From: Art Odell  Read Replies (3) | Respond to of 1152
 
Marc,.....

I don't mind either..... ching ching $$$$$$ <g>

Art



To: Marc D. who wrote (1102)1/21/2000 4:39:00 PM
From: brad greene  Respond to of 1152
 
$120 Million Market Cap

Marc,

The more I look into this, the more interesting it gets.

The thumbs down to LifeCore"s adhesion barrier line cost the company $120 million in market cap.

Does this mean that a marketable adhesion barrier line and partnership with Ethicon is worth $120 million? Sure seems that way.

Now.....CHAI has a market cap of $5.2 million.

If CHAI's Repel line can step in and fill this need......and CHAI gets the $120 million market cap reward...Then CHAI is a $15.00 stock. CHAI+Ethicon = $10.00+shareprice.

Hmmmm. Option #2.......LifeCore has Ethicon tied up.

But......if LifeCore, who has the partnership with Ethicon, buys CHAI for ....say......$20 million...to get the Repel line......do they get their $120 in market cap back? Would they pay $2.50 per share for CHAI...($20 million)..if their stock would double because of it? (+120 million) Hmmmmm.

Just a thought.....but LifeCore should be talking to CHAI....as 2.5 million shares of LifeCore to take out CHAI might get their stock back to $20.00....and keep their relationship with Ethicon alive. Big stuff.

If you think about this...it is not far fetched. It makes sense.

Under this plan..... CHAI shareholders would get $20 million in LifeCore stock....which would double on the news. $40 million divided by 8 million CHAI shares = $5.00 per CHAI share.

Win-win........Just a thought. Is CHAI undervalued?

Does Repel work? If it does......CHAI could get going...in a big way. Ethicon would be huge....but LifeCore would be big also.

bg