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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer -- Ignore unavailable to you. Want to Upgrade?


To: David Cathcart who wrote (887)4/1/1998 4:49:00 PM
From: Biomaven  Respond to of 1826
 
<<One million people! >>

On the other hand, their just-released 10-K gives the estimated target population for Salagen for Sjogren's as 50,000. This seems overly cautious to me, but then maybe it was their l*wyer speaking. (Nobody ever got sued for being too cautious in a Prospectus or 10-K).

Peter



To: David Cathcart who wrote (887)4/2/1998 2:42:00 PM
From: gy  Read Replies (1) | Respond to of 1826
 
Don't understand why still some people are willing to sell the stocks around $8 when the stock showed great potency up to $12, or even $20 not too far.



To: David Cathcart who wrote (887)4/3/1998 1:55:00 PM
From: gy  Read Replies (1) | Respond to of 1826
 
One million people? If 30% of this market and $500 per patient per year, the revenues will be 150 millions. Let's say only 50% profit so that will be 75 millions. MGI now has about 15 million shares. The earning will be $5/share. What price of the stock will be with this earning? Remember, I did not count phase II development of MGI 114 and the European deal for MGI yet. May I be wrong somewhere?