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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (70)7/17/2000 4:24:23 PM
From: RCMac  Read Replies (1) | Respond to of 724
 
>> Please list for me...... all biotechs with market caps of minus $45 million. <<

And, scrolling forward a year or so to a later perspective, how many biotechs with a negative valuation stayed that way for very long, absent gross mismanagement as opposed to (usually temporary) market blindness?

I recall that in the last couple of years the silly market has offered us, for example:

BTRN at 1.00/share when it had $3.00/share in cash ( sellers paying you to take off their hands the commercial rights to the output of the foremost transplant biology lab in the world [Harvard/MGH] )- BTRN now at 11.

NBIX at 3 3/4 last August when it had $3.00 in cash and five phase II trials going, and still owned (as it still does) all of its insomnia medication - NBIX now at 38 1/2.

MLNM at about [split-adjusted] $6.50.

etc., etc.

My guess is that NBSC's absurdly low price shouldn't last long. I'll wait, holding my 50% or so gains so far, expecting a lot more when the market notices.

--RCM