Biotech Values

[vinmantoo]

"And we all know that the cash surplus means nothing at this point."

Oh come on now, it means a great deal to be able to build a large cash reserve.


"It's what they do with it that effects the equity in the long run."

Yes, but having the large cash reserve gives you that opportunity, which means it is a major plus for ENTA and not nothing.


"Now that they are backing away from the antibiotic field it'll be interesting what excites them."

Yes, but there is no rush to use the cash. ENTA can take their time.