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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM) -- Ignore unavailable to you. Want to Upgrade?


To: Icebrg who wrote (2556)11/17/2005 4:11:20 PM
From: keokalani'nui  Read Replies (1) | Respond to of 3044
 
Thanks for your comments guys.

There is substantial institutional/MF ownership. Orbimed just bought $90m in 3Q. It has been through an exhausting 5 years and much disappointment but has $$ sales and (a ways off) pipeline assets. I may be wrong but it looks like the balance sheet is better than I remember. It would seem to be the right moment to hand it over to BP, or combine, and leverage overhead. To that end the leaps don't look too expensive.

Is there a near term valuation event on the way?