Elite Pharmaceuticals Inc (ELTP)

[mjohnh]

No2K....thanks for your post......I was wondering what your analysis would be if you attempted reduce the value of the company to present value using earning forecast over the next 5 years......It is HARD t do because a company like this, with its future so dependent on approval of new drugs, has only a stream income from generics........there is not enough history for me to do this.....I would like to believe that growth from the generics would continue at the pace that we have seen recently, but I do not assume that.......Most of us own this company because we believe (hope) that the ADT opioids will be approved.......what if none of them were approved......what would the value of this company be if it only had generics and did not have the "promise" of ADT opioids....???? I add that I am very long this company.......I believe that SequestOx will be approved and the others that follow.....but, .......