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Re: cheynew post# 62157

Monday, 03/14/2011 10:52:40 AM

Monday, March 14, 2011 10:52:40 AM

Post# of 346282
IMO Peregrine is lucky to have ANY revenues at all. Most of PPHM's clinical stage and R&D biotech peers are pure cash burn plays.

The company does not sell anything -- they are not supposed to make a profit. The focus on current losses is misplaced.
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