That's a very conservative speculation, and nobody will be disappointed if it doesn't go muck higher. If Denner is as good as everyone thinks he is, then he should at least be able to squeeze another 50 to 60% out of your $25 to $35 range...which would bring it very close to the ONXY deal...look what he did for imclone...
With 2 drugs on the Market (ap26113 will make it to market), and 788 in the trenches...I think the Buy Out is going to much higher...But I'll leave it at that, since a BO is just as speculative as a merger.
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