Biotech Values

[AlohaDan]

Re: SNMXRoyalties:

Here's another writeup that indicates royalty deals in the food additive industry are unusual.:

http://tinyurl.com/5gt2t

I'm hitting the road again Tuesday. But a contact with Elise Wang Citigroup Smith Barney on the royalty aspects might prove fruitful.

Anyone want to try to track her down? Monday is a killer day before I leave and there is a time difference in the land of vitamin D.

Elise Wang 212-816-8834 [e-mail]

She appears to have pretty good credentials:

http://tinyurl.com/6mku3

Other analysts appear to be:

Chandler, Dalton of Needham & Company
Webber, David of First Albany Corp.