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Biotech / Medical : Cell Genesys (CEGE) -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (861)4/7/2000 5:53:00 PM
From: Madharry  Read Replies (2) | Respond to of 1298
 
I do not agree with you there Bosco. If Cell genesys ongoing business proves to be worthless your are still looking at an entity with about $240MM in cash and $360MM of ABGX stock. therefore if I attach no value to the current business I would expect CEGE to rise about 60% of the pace of the rise in ABGX stock. so if ABGX goes up 10% I would expect a 6% rise in the value of CEGE Stock. Unless you can tell me what you think CEGE' business is worth right now?