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Biotech / Medical : EntreMed (ENMD) -- Ignore unavailable to you. Want to Upgrade?

To: Tracker who wrote (1582)	2/11/1999 10:26:00 PM
From: Anthony@Pacific	Respond to of 2135

I guess you will have to ask the CEO's of al the Biotec companies that trade about 4 to 5 times cash why they dont trade at 25 time cash like ENMD...I knew somebody would try to throw the " internet " word into ENMD at some point...Im laughing out of my chair, Dont you think that all companies should trade at outrageous multiples? Seriously the answer to your question ,,Internet trade where they do beacuse they are generating revenues and have a "potentially" unlimited market.. Biotecs that have no sales and products have a known market and zero in revenues and that is why it's easy to put traditional values on them...sorry but maybe you can find a " CANCER CURE.COM" to buy