Avid Bioservices Inc (CDMO)

[Bluerinse]

I suspect we sell off at least 10% with these numbers, not a big deal but not enough news to support these levels. Given a relatively modest growth forecast of 20 %next year I don't see how you support 24 a share. Now the real kicker is we don't know what we don't know they have way more cash then they need and million dollar question remains what are Nics plans for the cash and what impact will it have on our growth. I had expected or perhaps hoped for a higher growth number next year