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


To: BulbaMan who wrote (520)4/30/2001 6:32:22 PM
From: scaram(o)uche  Respond to of 1833
 
BM:

I'll leave it to you to determine the equivalence of all shares, I'm not going to duplicate the research.

You've solicited comments......

1. You've first-blush hit the valuation square on the head.

2. You've brought an unexpected gift! Not too many investors would have thought to pursue the info there.

Thank you, thank you, thank you, thank you!!!!

Rick



To: BulbaMan who wrote (520)4/30/2001 7:05:45 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 1833
 
So, $2.40/share, cash plus Axiom, plus all that nice potential royalty flow.

Again, I consider it very likely that at least a portion of the milestones will be achieved. I therefore feel that interest, license renewals for EXISTING contracts, and milestone revenues will more than cover "attorney burn".

Reasonable conclusion....... no burn for the foreseeable future, maybe even a tad of profit.