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Re: bridgeofsighs post# 1805

Wednesday, 01/30/2008 8:14:34 PM

Wednesday, January 30, 2008 8:14:34 PM

Post# of 2446
I realize that you guys rarely discuss stock price but I have to admit that it is a concern to me.Let me start with the fact that i have held SRDX since 2001 and plan to hold it for the long term as I see nothing but good things coming. That said, it seems that someone (or ones)is bailing and I am guessing that it concerns the accounting methods being used and i would like to pose a few questions to anyone that would care to opine.I apologize in advance for any overly ignorant questions.
1. Is SRDX "required "to ammortize income from MRK over time while they expense costs to achieve that income in the present quarter?
2. Will any future deal involving I-vation be handled in the same manner?
3. Why wasn't the Cypher deal handled in the same way?
4. Didn't management see that the stock price would be hammered by anyone wiyh a short term outlook?
5. DEW ..what did "Hmmm" mean in post 1806?
Maybe I am making this over simplistic or overly complicated but I cannot see any of this. Its like Ford spending money to build a car and having to spread the income recieved for the car over the distant future. A deal involving a potential $288 mill is turning into a negative..I'm afraid of what the next deal will bring.. When they sign with Genentech we should really get clobbered!! Like I said above ..they are not going to scare me out because i believe in the long term potential..but tonight I am a little confused (for lack of a better term). Any enlightenment on the current situation would be greatly appreciated.
Thanks again to all .. I probably depend on you guys more than I should but I respect and enjoy all the intelligent, thoughtful posts on this board ( a good example of which were Skiplarsens terrific reports from the annual meeting) Please keep them coming as I I think it helps all of us
Thanks Fritz
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