Monday, October 01, 2007 12:20:54 AM
It is back on my watch list to buy if in fact the income stream from the deal allows it to bring other products further into the pipeline without the need for further financing, a position that COR longs can only dream of at this point. Why they kept the royalty % secret does not bode well however, imho.
I also agree that a "new" bp deal should make great headlines for COR, and I have witnessed many great headlines for COR over the years.... Still I hold, along with some others on this board, that the Bio field in general is a much harder sell these days and I don't think the IND deal, on its own, affects share price much without extensive press coverage.
I think some of the comments about my not understanding Bio investing got my back up a little as well, and I will try to keep those emotions under control.
Jim H. was not the only true free man on these boards. I have struggled at times when I was younger with no health insurance for more than 10 years, so I know something about generics. Now I have no debt, I have a rather generous fixed income stream, and should never have to work another day in my life. Now that I am 80-90% cash I can pick and choose. I certainly make mistakes, but not understanding investing, well, I am not so sure that applies to me, although I am always open to learning more.
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