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

To: Jibacoa who wrote (3306)	4/2/2001 4:23:52 PM
From: Mark Bong	Read Replies (2) \| Respond to of 52153

Jibocoa, with all due respect, there are not too many people on this board who are focused on day-to-day movements. We are all long-term investors although we may occasionally do a trade when we see appropriate opportunities. I don’t think that any of the discussions today have much to do with daily movements.

To: Jibacoa who wrote (3306)	4/2/2001 4:32:31 PM
From: Jibacoa	Respond to of 52153

Apparently most people didn't like ONXX annual report, since it is down 20.5% today. biz.yahoo.com It seems their main problem is that at some time in the future they may have to start thinking about their expenditures.<g>: "Liquidity and Capital Resources:Since our inception, our cash expenditures have substantially exceeded our revenues". Their price is now substantially lower than the $10.849 per share Warner-Lambert paid earlier this month on a $5 million private placement. Bernard