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Saturday, May 22, 2010 11:05:22 AM
What do you think a deal for IDX-184 (assuming it's a "normal" deal for this sort of thing) is worth for the market cap?
Right now as things stand, I believe that it is unlikely that there will be a "deal" for IDX-184 alone. With the emphasis on combining IDX-184 with IDX-320, I feel it is more probable that a much larger deal will be consummated further down the line for the combination 184/320. As far as the "size" of a potential deal and how it will impact the "market cap"...this is totally out of my realm of estimating. So many variables come into play that I would feel silly for even guessing. Previously I have stated that I see IDIX at $9-$12/share over the next 12-18 months. I still stand by that projection today all things considered. IMHO.....IDIX is grossly undervalued.
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