SI
SI
discoversearch

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


To: Jibacoa who wrote (2816)2/5/2001 1:48:09 AM
From: Jibacoa  Respond to of 52153
 
Serono (SRA)

Reportedly is selling at 9xbook and 15x sales with a PE of 64 (at least it has a PE<g>)

Insiders hold 66% with no substantial institutional holdings reported.

It has been on a steady down-trend since the Sept.97 H at 60.75 (The March 98 H at 50.87; the Aug, 2000 H at 31.93 all on a straight line)

Now it seems is finding support at the 18-19 level. (That is the same level from where it started the run in Sep.96 up to the Sep.97 H )

Apparently the new announcements are intended to try for a repeat performance <g>

Good luck (and good night<g>) to all

Bernard