Biotech Values

[vinmantoo]

Jbog,

I do own some FTSV but own a lot more TRIL so obviously this reported potential FTSV buyout by GILD makes me happy. I know you are happy too as you own a good chunk of TRIL. Do you think that this reported 30% premium is a bit low of a price for FTSV given the premiums you just listed for other companies? I guess one could say a 100% premium for FTSV is unwarranted since it is still pretty early stage.

I sold off the second half of my PGNX sharers early this week so now have a good chunk of cash on hand but am reluctant to put much money in the falling knife stock market. What are you plans regarding TRIL? Are you thinking about selling some to lock in some gains, or perhaps adding more?