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Biotech / Medical : T/FIF, a New Plateau -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (1150)5/1/2002 12:59:05 PM
From: michael_f_murphy  Read Replies (2) | Respond to of 2243
 
<< valuation - quick questions>>
Are you double counting the value of cash: once in the various program's net value (a use of cash) and again as a cash balance. The value as a balance would have to be the value of the residual not expended for programs.

Don't see a reduction for the debt or is that netted out of the cash balance?