SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotransplant(BTRN) -- Ignore unavailable to you. Want to Upgrade?


To: jayhawk969 who wrote (1402)10/25/2002 7:24:25 AM
From: Arthur Radley  Respond to of 1475
 
J.D.,
I don't know about your $15M cash number. Maybe with total assets they might reach this number but as for cash you might be a little high based on last report and surely the burn rate for the current Q.

IMO, the best thing going forward is to merely take the best offer that might be submitted for their viable pieces of the company. There is the Novartis partnership that must be worth something. Surely the net worth is north of the current total valuation.

So much promise, to go down the drain!