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Friday, October 06, 2006 8:00:46 PM
>I have been wondering for much longer why nobody sees the value of this company.<
Some people do
>It seems nowadays that if there is no immediate revenue there is no shareholders’ interest.<
Investor fashion can change abruptly. Alternative production platforms could be all the rage a year from now.
Moreover, drug companies themselves are paying attention to this arena, as evidenced by MRK’s acquisition of GlycoFi for $400M.
My advice is to take a breather from watching the tape. If the fundamentals are strong, the share price will take care of itself in due course.
Some people do
>It seems nowadays that if there is no immediate revenue there is no shareholders’ interest.<
Investor fashion can change abruptly. Alternative production platforms could be all the rage a year from now.
Moreover, drug companies themselves are paying attention to this arena, as evidenced by MRK’s acquisition of GlycoFi for $400M.
My advice is to take a breather from watching the tape. If the fundamentals are strong, the share price will take care of itself in due course.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
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