Replies to post #278814 on Avid Bioservices Inc (CDMO)

[NoMoDo]

I'm sorry but 2-5 times sales is unrealistically low. That is the value of manufacturing widgets not mabs. I don't believe that SK said that and if by some bizarre chance he did, then he doesn't have a clue what he has.

As for the "drag to finance Bavi," that would assume that Bavi has no intrinsic value. Once Avid can show a quarterly profit, the stock will rise substantially. Not just regular multiples based on sales, but the understanding that the company no longer needs to deal with equity financing. It changes everything.

I said it before, and I said it again. I got back into PPHM solely because of Avid. I expect to make a great deal of money with or without Bavi. And I see the value - and the risk of Bavi.

[sulaco]

Stone,we know you too well

You're not selling. I understand the aggravation. But PPHM has a way of digging into your bone marrow. I've sold some and bought back even more.

Hang in there.

Joe Six Pack

P.S. I know you will.