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Biotech / Medical : analysts and calls -- B of A -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (24)1/15/2005 3:26:12 PM
From: Biomaven  Read Replies (1) | Respond to of 33
 
I agee - this is silly in just so many ways. Looking at CAGR in the first place is generally dumb for most early-stage biotechs, and then they discount back by 53%. Why 53%? Using a number like that makes it look like there is some precision behind their methodology.

Peter



To: scaram(o)uche who wrote (24)1/15/2005 8:06:35 PM
From: tom pope  Respond to of 33
 
I assume they mean the CAGR of revenues. Given that a small biotech's revenues are lumpy or virtually non existent, how did this pass any sort of laugh test?

CAGR of R&D expense might be more a bit more meaningful. A bit.