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Sunday, February 25, 2007 1:10:59 PM
My input, FWIW. I would like nothing more than to see $5/share, but I do not see that happening absent the second r/s or a stupendous revenue deal with a major pharma. There are about 450 million o/s, so a $5 pps would give the company a jaw-droping $2.25 billion capitalization. Perhaps it is possible, but I am not aware of any small company achieving such a lofty valuation without substantial top and bottom line revenues or guaranteed prospects for such revenues.
I realize you are looking long term, so my comments should be considered for the present. A long term projection will necessarily require that the company move forward, rather than backward, in all aspects, from this starting point.
Believe me, if this should happen for DNAG, I will be the last to protest such an unprecedented reversal of fortune.
JMHO and glty!
dr f
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