I've read RRdogs opinion and I respect it. It has nothing to do with the value of Avid. That value can't begin to be determined with the limited information available. A detailed valuation of a company's worth can not be done in a one page post even if enough financial information were available. You are correct I guess that a thumbnail, back of the napkin, value can be thrown out there by applying a multiplier to revenue. It really isn't worth anything much however. Falls far short of a detailed valuation.
Disinformation would be stating that the tax asset of PPHM is worth over $100m. That is just plain false..
I should have put late (phase II or III) trials were not being done for Bavi. People are still playing with it.