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12/14/06 10:19 PM

#4097 RE: jabbonda #4096

this is a highly speculative play. If INSM gets injunction decision on Feb 16, 2007, the Stock will be 50-60 cents. If INSM doesn't get injunction and royalty stays below 15% as ordered by the judge, INSM goes to 2.00. If INSM gets a buy out offer, probably $3 or $4. Probably from Genentech(DNA) or a 2 for 1 merger offer from TRCA(which i think is highly unlikely), which will value the company around $2.50 - $2.75. Right now it will hover around 1.00 for a month unless a partnership for Europe is announced with cash infusion or favorable Phase II results for other indications.