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Biotech / Medical : Clinical Data Inc. -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (7)4/24/2006 3:09:04 PM
From: Mike McFarland  Read Replies (1) | Respond to of 39
 
Clinical Data Announces Termination of Rule 10b5-1 Pre-Arranged Stock Sales Plan

Dr. Stein stated, "After thirty years as a significant equity holder, I had put this plan in place for the first time in order to diversify my holdings. It is now my impression that the shares are undervalued, and I have therefore elected to cancel further sales under the plan."

..................
That strikes me as goofy, a waste of PR,
a distraction. If your company has net tangible
assets of a mere $5.6M why would you draw attention
to your valuation.
Maybe the company is wildly overvalued!
finance.yahoo.com

That said, I am easily bewildered by enterprise
value and the intangibles.