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Replies to #1004 on Biotech Values
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DewDiligence

01/29/04 2:52 PM

#1006 RE: dread50above #1004

>> What assumptions did you use in terms of a timeframe for realizing this value.

The $10.75 figure was intended to be a risk-adjusted, discounted present value. In other words, that is how much I think the company is worth today based on the present state of affairs.

>> Is there reason to expect a return in excess of a double (current price ~$5)? <<

Sure. My numbers might be conservative :-)