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Re: Hector777 post# 3946

Monday, 12/11/2006 10:39:14 AM

Monday, December 11, 2006 10:39:14 AM

Post# of 6488
Additional cash could come from debt/partnership/stock issue...

or any combination of these three. I agree with Hector777 that INSM will require more cash to continue.

Bear in mind however, that in Dec06-Jan07 stock was strongly in high twos with the full knowledge that an equity offering was forthcoming. Those shares were offered around $2.

Now we have the cap on royalties soon TBD by the judge, additional, larger patient-base data due in Q1, and EMEA approval in '07. I don't think it's unreasonable to assume stock will see $2-$2.30 again, prior to new financing announcement. And if this financing announcement includes partnership or debt, I think share price could approach Lazard's promised $3.

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