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DewDiligence

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DewDiligence

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Re: 10nisman post# 61656

Monday, 04/21/2008 3:07:20 PM

Monday, April 21, 2008 3:07:20 PM

Post# of 257253
Re: IDIX coverage initiated at Caris & Company with $19 target

I’m bullish on IDIX but I can’t see the share price attaining $19 this year—or ever. The most likely outcome, IMO, is that NVS eventually buys the 44% of the company it does not already own for a price in the low teens.

The standstill agreement that prevents NVS from making a move to increase its IDIX stake expires on 8-May-2008.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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