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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (2409)12/28/2000 4:44:30 AM
From: Londo  Read Replies (1) | Respond to of 52153
 
Well, I'll confess that the research would be worth more providing that we all know that there was the cash around to continue it.. Wasn't the fundamental criteria "a biotech company should have at least 3 years worth of cash on hand" for a particular reason?

As for AXPH.. nice move for them to dump PPGx for some cash - they can use it as well.. at least they've got something in Phase II... I've been looking at this one for no particular reason for awhile now, but I haven't seen anything that has made the jump from 'watch list' to 'investment candidate'.

That conference certainly would be interesting to attend - looks to be as much an educational experience about the technology those companies are working on in addition to hyping their stocks..

As for SGMO, it looks like that the dart just hit the right section of the newspaper.. although the fact that insiders were dumping at 20 bucks doesn't give me much hope for that stock..

And yeah, Londo is from the show B5... I chose the name because sometimes my hair looks like his when I get up in the morning.