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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Icebrg who wrote (8332)5/12/2003 9:06:02 AM
From: Biomaven  Respond to of 52153
 
Erik,

Thanks very much for the work.

At a quick glance, SCLN is off by a factor of 6. Nothing else jumped out at me as completely screwy.

Peter



To: Icebrg who wrote (8332)5/12/2003 9:21:51 AM
From: scaram(o)uche  Read Replies (2) | Respond to of 52153
 
>> For some it makes quite a difference. <<

If the debt is due at some point, say 2006 or beyond, should the difference be ignored? Risk is enhanced with debt, but is it cushioned by diversification, infrastructure, etc.? There is rarely money that is as leveraged as cash used in the clinical testing of pharmaceuticals.

Thanks, very much, for the exercise/effort. Of the bottom seven stocks in the "sorted by tech. value, no fudge for debt" list, there are three companies shown with no debt, VICL, AVGN and TKTX. Marc is an Avigen freak, but do we have any big supporters of VICL or TKTX who could update us?

To the traditional biotech investor, the one who laughs at all of the "how to invest in biotechs" gurus, the non-fudged list is the place to look for gems. This fear of converts/beating down of convert stocks got way out of hand. However, your fudged list looks tempting as well.

A reminder...... biotech investing is like waiting at a bus stop. If one bargain passes by, just wait. There will be another soon.

(preaching, but not to Erik!)

Thanks again!

Rick



To: Icebrg who wrote (8332)5/12/2003 9:29:30 AM
From: tom pope  Respond to of 52153
 
I'm probably just showing my ignorance of Excel, but it's possible to get Erik's data into Excel by pasting the data into Word, saving it as a text document and then opening in Excel as space delimited. Then you can play with his data as you like.
As I said, probably just showing my technical ineptitude.