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Biotech / Medical : SIBIA Neurosciences (SIBI) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (324)4/15/1999 2:21:00 PM
From: LLCF  Respond to of 579
 
<***While the implicit message remains the same, in our opinion - that there is unrecognized technology value at Sibia - the most important aspect of these two deals is financial>

Unrecognized? Well, the guy obviously hasn't been reading your posts Rick! BTW I've got a call in to the company, will post if I hear anything.

DAK



To: scaram(o)uche who wrote (324)4/15/1999 5:02:00 PM
From: LLCF  Respond to of 579
 
Talked to the company today and learned that they are currently "asking" maintainance fees of:

Yr1: $1.5mill , yr2: $1 mill , yr3: $.5mill... with renewable at the customers option for 1/2 mill year.

plus undisclosed royalties.

Due to the ongoing trial (appeal) the ACTUAL particulars are are confidential... also stated that the deals HAVE gotten much sweeter since first trial [KDUS] ended as you had suggested.

DAK



To: scaram(o)uche who wrote (324)4/16/1999 4:51:00 PM
From: LLCF  Read Replies (1) | Respond to of 579
 
I was Stephan Keane that I talked to at SIBI... I would think that the current "ask" is probably a bit higher than those signed already. I think I'll toss a few million into the spreadsheet for "earnings".

DAK