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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Montana Wildhack who wrote (5970)11/29/2000 2:17:39 PM
From: Cal Gary  Respond to of 14101
 
BioTech 101 for Rufnecks

Is this the calm before the storm? Something cooking? Must
be lunch time out east. Thought I'd pass this one on, while
we're all munching away.

I like the last three lines.


> > Bio 101 Equivalences:
> > DMX Petro Sector
> > Pennsaid
> >
> > Clinical test = Land auction
> > Patent = Licensed (Bought the land)
> > Phase I = Seismic
> > Successful P.I = Yup there's something there, anomaly :0)
> > Phase II = Location and spud
> > Successful P.II = 14" cased
> > Phase III = TD, a flare!?, a gas kick, burp (TD=Total
> > Depth)
> > Successful P.III = 4 or 9" Cased, logged and perfed
> > UK License = Tested and pegged as oil well (Oil = DMSO)
> > UK Marketing Partner = Tapped into the Pipeline!!! 20bbl/day
> > EU Marketing Partner = 500-2000bbl/day
> > Initial Payment =
> > Revenue Flow = a Meter station
> > $25/bottle = $20/bbl
> > $/case of bottles = $/mcf
> >
> > FDA Approval = additional proven reserves
> > JnJ Approval = pumping at 2000bbl/day
> > another pipeline route to a Big
> > market
> >
> > HPC Approval = additional proven reserves
> > another pipeline route into our back yard
> > pumping at 20bbl/day
> > (All from one well!)
> >
> > Anti Fungal = More Land
> > WF-10 = More Big Land
> >
> > More Phase I, II, III = Exploitation, resourvoir optimization
> >
> > $/case of bottles, = $/BOE
> > $/IV sac (WF10),
> >
> > Cashflow = Cashflow
> > Net Earnings = Net Earnings
> > Dividend = Dividend


EDIT: Perspective - People always complain how long, roughly
3-5years, to develop a NG or oil field. These guys, DMX,
have been at it for a decade. Here's a new one BST =
Biotech Standard Time.



To: Montana Wildhack who wrote (5970)11/29/2000 2:27:36 PM
From: john.d  Respond to of 14101
 
Thanks Wolf, I saw the Chief's post this morning and thought it was an excellent analysis.

I always assumed there were mutual funds out there that were interested in Dimethaid, but because of the speculative nature could not invest, possibly due to fund criteria or other. Now that we have throwen off the speculative "blanket" I think/hope we will start to see some serious buying from the institutions over the coming months.

When we move to NASDAQ next year that should create some serious buying from the U.S. If all goes well with FDA, J&J and WF10(as Mark has pointed out on numerous occassions) 2001 could be a very pleasant year. We've earned it, I've been in this stock coming on 4 years now and hopefully the payoff is just begining.

John