Insmed Inc (INSM)

[windyducat]

To all, great board and thanks...all the people here have definitely help me be an informed and passionate investor in Insmed. After a lot or post reading, I have come to a relatively simple conclusion, which is the subtext of many post.

In the near-term the PPS of Insmed will be almost totally based on commercialization of Iplex for short stature. For a couple simple business reasons. First they need money from Iplex to fund future growth with minimal dilution - the better they perform on Iplex for SS the better they are positioned to stay independent and build greater shareholder value. Second, it is a test of management - can they transform to a profitable company and develop commercialization competencies. Again this increases shareholder value, commercialization becomes an Insmed asset, and in doing so Insmed stays in the driver seat. Once these become "givens" - early evidence may be sufficient - the market will additionally reward Insmed for its pipeline and then the real potential value of Insmed will quickly be priced into share price.

Regards. Windy!