Biotech Values

[mr_o]

I am starting to lose my interest in ENTA for the first time in years for 2 reasons.

1. I have no faith in anything ABBY touches at this point. The management team has not instilled any confidence in me since the PCYC buyout.

2. If the rational for owning ENTA is cash flow generation I think there may be better alternatives. The management seems to be very interested in building a pipeline, and to date has had little success (other than the obvious ABBV partnership). As jbog points out, if ENTA barely makes a profit, what is the point of owning them?