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Biotech / Medical : Biotech for less than cash value -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (44)6/5/2002 11:46:21 AM
From: dalroi  Read Replies (1) | Respond to of 684
 
Has anyone an idea how much under cash it becomes likley to get a raid on those compagnies

strip it off its assests
take the cash
keep intresting IP ?

Stefaan



To: tuck who wrote (44)6/5/2002 7:21:28 PM
From: Night Trader  Read Replies (1) | Respond to of 684
 
I took a look at CTIC and came up with this.

236 million Cash and short term investments
-196 liabilities
-23 estimated loss this quarter
----
17 million = 48 cents/share against a share price of $5.90.

Or negative net cash a quarter on.