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 : Cadus Pharmaceutical Corp. (KDUS) -- Ignore unavailable to you. Want to Upgrade?

To: Geigartt who wrote (308)	10/2/2000 11:43:16 AM
From: scaram(o)uche	Read Replies (1) \| Respond to of 1833

If you can discover the percentage of the company that Biacore obtained, you'll have an approximate valuation -- eyes of Biacore. I'm currently using $30 million, and that's a figure plucked out of the dark. There is a detailed attempt to value Axiom, in this thread, by RCMac.

To: Geigartt who wrote (308)	10/2/2000 11:49:05 AM
From: scaram(o)uche	Read Replies (1) \| Respond to of 1833

>> How many pennies would that be /share? << 150

To: Geigartt who wrote (308)	10/2/2000 3:01:42 PM
From: RCMac	Read Replies (1) \| Respond to of 1833

>>Anybody else knowledgeable enough to value the Axion [Axiom] share? << No, no one. We haven't been told enough by KDUS or anyone else, though not for lack of trying (Rick's, Stefaan's and others'). I did try to put a value on some of the pieces of KDUS in post #219 on this thread: Message 14344049 Stefaan Bafort had earlier, in #208, made a resourceful stab at the Axiom piece: Message 14214616 But we can't really know, because they're not saying. But for my own back-of-the envelope calculations I've been saying the KDUS interest in Axiom is worth somewhere in the $10 million - $50 million range (which is sort of like Rick's $30 million, only less firmly stated). But as I posted earlier, if you use $10 million for the Axiom piece and add the $25 million cash, you get almost $3.00/share on the most static of value-player's calculations, i.e., without adding anything for either (a) any future royalty stream from the OSIP license, or (b) any future deals in which KDUS might leverage its IP. I'll think I'll hold on. -- RCM