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Biotech / Medical : SANGUINE CORP. (SGNC) -- Ignore unavailable to you. Want to Upgrade?

To: Springer who wrote (2333)	7/1/1998 3:31:00 PM
From: FatMatty	Respond to of 5402

Waiting for FTD approval....but hey, thus the risk...being in on the Viagra Stock 2 years ago would have been nice.... Why does a floral delivery service have to approve artificial blood? What the hell's going on here? Just kiddin Shhhhpringer... Matty

To: Springer who wrote (2333)	7/1/1998 3:32:00 PM
From: Lee Walsh	Read Replies (1) \| Respond to of 5402

We are moving up on some good solid buying 10,000 at .80 15,000 at .81 Lee

To: Springer who wrote (2333)	7/1/1998 4:02:00 PM
From: Mr. Forthright	Respond to of 5402

<<Valuation Models at this stage are almost pointless..>> I understand your point. I would say it differently: a valuation at this point is very speculative due to the uncertainty and speculative nature of some of the variables. <<What are Your guesses....>> I don't guess I research. Let me tell you that I have not done the research on any of these points. This is your valuation guys. I am merely providing the model. That being say I could be talked into doing some of the research. <<I think this is your "catch"....>> Not at all. There are timeframes that are used to evaluate time to approval which are fairly standard. Any comments? Also, as the model is based on discounted and risk-adjusted future cash flows/earnings time is an important variable, isn't it? Could you please provide the source of your estimates? Thank you.