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To: Oblomov who wrote (169928)6/3/2002 5:38:11 PM
From: reaper  Read Replies (1) | Respond to of 436258
 
<<The market is assigning a negative NPV on their pipelines>>

you know, their pipelines COULD have a negative NPV. lots of spending still to come on R&D/trials, with maybe or maybe not revenue in the future.

and what does "book PLUS cash" mean? cash is reflected in book value. adding book and cash double-counts cash.

Cheers



To: Oblomov who wrote (169928)6/3/2002 9:31:33 PM
From: LLCF  Read Replies (2) | Respond to of 436258
 
Check out the cash value of INCY and VHPM. CRGN, TLRK, PDLI.... all seem to be stupid cheap... while the big ones are anything but.

dAK


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