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lax20m

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lax20m

Re: AmpleKind post# 51495

Tuesday, 07/22/2014 10:56:19 AM

Tuesday, July 22, 2014 10:56:19 AM

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A 10x earning multiple is more than twice the average for the biotech group. Biotech already has one of the highest forward multiples for an industry. My suggesting using a multiple that is 20% higher than the biotech average is countered by your insinuation that I'm being pessimistic. Take a step back and think about that.
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