Biotech Values

[iwfal]

i'm curious what other long time holders like clark and tony think of the deal

I am pretty unhappy about it since it is a deal for a lot less than I put down as NPV (my analysis of last year is still, approximately, the same in aggregate. See: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35577868&txt2find=zgen ). And I think the board was 'captured' by too many reps of big holders. If I could fight it I would - but I take the Serenity Prayer seriously and accept that it is what it is. C'est la vie.


Of course the big 'loss' is the loss of compounding without taxes.

BTW - I would guess that a significant hunk of what happened is that the big shareholders significantly bought into the all-DAA, no-IFN paradigm and thus didn't value the company as much as BMY and ... . A risk in going against the consensus when you have 1 or 2 big conventional shareholders.